Porto Statement Reveals Release Clause For Andre Villas Boas Not Yet Met

I hope you enjoyed that half hour break from posts about Andre Villas Boas. Now let's get back to the real story of the day - Andre Villas Boas. I'm a little late on this, but Porto have released a statement to stockholders saying that Chelsea have not yet met their manager's €15M release clause, which has been taken by Sky Sports etc. as some sort of major twist:

Futebol Clube do Porto, hereby informs the market that the coach Andre Villas-Boas, as well as several players in the squad, has a termination clause. To date, this company has not received any communication that this clause will be exercised.

Contrary to what many think, this is not really a big deal - it's simply a release by Porto to their shareholders keeping them updated on the exact situation. We know, therefore, that as of right now, Andre Villas Boas has not signed a deal with Chelsea. The rumour is that he will do so as soon as Chelsea send Porto the full €15M, and until they do clearly Porto will have nothing to report on that front. This news does not mean in any way shape or form that Chelsea have failed in their bid to acquire the 33-year-old.

So, the deal isn't quite official, but it's almost certain to get pushed through in fairly short order. All indications are that Villas Boas has agreed terms with the club and will join as manager, presumably bolstered by Guus Hiddink.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join We Ain't Got No History

You must be a member of We Ain't Got No History to participate.

We have our own Community Guidelines at We Ain't Got No History. You should read them.

Join We Ain't Got No History

You must be a member of We Ain't Got No History to participate.

We have our own Community Guidelines at We Ain't Got No History. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9353_tracker