West Ham will continue to pay Carl Jenkinson wages of around £30k a week plus the remained of a £1.5 million loan fee… despite the two clubs agreeing to tear up his contract.
Some had assumed that news of the development would give the Irons a big finanical saving but ClaretandHugh was told exclusively this morning that is definitely not the case.
The defender has now returned to Arsenal with a cruciate knee injury and last night the clubs agreed to cancel the contract between them.
But in simple terms there was nothing within that contract which allowed the Hammers to escape payments to the North Londoners or to Jenkinson should such an injury occurrence take place.
Our usual Hammers source explained: “We of course save tiny bits and pieces on appearance bonuses but the loan fee and wages are paid by us until June.
The only reason for doing it was to free the way for a loan signing but that didn’t happen of course so we gained nothing from the move.”