Jamie Vardy has £20m release clause in his Leicester contract

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Jamie Vardy has a £20million release clause in his Leicester City contract but only clubs playing in the Champions League next season are eligible to meet it, according to the Daily Mail.

The 29-year-old has been linked with some of the Premier League's richest clubs after firing Leicester to the title this season. He scored 24 goals across the campaign and now looks set to lead the line for England at Euro 2016.

Manchester United, Chelsea and West Ham are all believed to be interested in signing him this summer but face a significant problem with regards to his reported release clause.


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As none of them qualified to play in the Champions League, Leicester would not have to accept a bid from them. The likes of Tottenham, Arsenal and Manchester City can, if they wish, speak to Vardy if they agree to pay the £20m but none of them appear to be interested.

It is another stroke of luck for the Foxes, who feared they would be unable to keep hold of their best players after a stunningly successful campaign under Claudio Ranieri. Riyad Mahrez has already committed his immediate future to Leicester and it now seems Vardy will be joining him by staying at the King Power.

Vardy future

Vardy signed a new deal in January which saw his wages rise from £40,000-a-week to £80,000-a-week, but he could still expect to earn significantly more at a club like Manchester United, who would not hesitate to offer him well in excess £100,000-a-week.

Manchester United are in desperate need of offensive reinforcements this summer with incoming manager Jose Mourinho likely to sign at least two established forwards. Zlatan Ibrahimovic has been linked and Vardy would surely be tempted to join him at Old Trafford.

However, Leicester would be able to bat away United's advances simply because they finished outside of the Premier League's top four. Only a firm request from Vardy to leave could force them into selling.

Happy at Leicester

The player himself has recently suggested he is happy to stay at the club, who signed him for just £1million from Fleetwood Town in 2012.

"I am happy here. It has been said before and I will say it again, we are literally all like brothers. We are not just once you leave the training ground that's it, you're not going to see them until the next day," he said.

"There are going to be names thrown into the hat all summer, but with the group of lads that we have got, and obviously winning the league, and with Champions League football next year, you would hope that would keep us all together."

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