Saturday, December 29, 2012

Joe Cole Seeking £3.6million Pay-Off

Joe Cole is requesting a £3.6m pay-off from Liverpool to quit the Merseyside club in January.

The former Chelsea and West Ham midfielder joined the Reds in 2010 but has failed to make an impact at Anfield – with just 42 appearances in his two-and-a-half year spell at the club – and spent last season on loan at French side Lille.

Cole is now seeking a move away from Liverpool, with both QPR and Reading circling, but is demanding a £3.6m pay-off with 18 months still remaining on his contract.

The 31-year-old, whose contract is currently worth around £100,000 a week, is unlikely to be offered more than £30,000 a week from either of his prospective suitors and wants Liverpool to help make up the shortfall, with Brendan Rodgers keen to get him off the club’s wage bill.

Should an agreement be reached to terminate Cole’s contract, the midfielder would be free to sign for another club when the transfer window opens on Tuesday, with relegation-threatened duo QPR and Reading the frontrunners for his signature.

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