Permanent Coady deal would cost £4.5m

06/10/2022 70comments  |  Jump to last

Everton will need to pay Wolves just £4.5m in order to make Conor Coady's loan move permanent, it has been revealed.

In a somewhat surprising development over the summer, the England international became available following a decision by Bruno Lage to switch from a back five to a more traditional four, with Max Kilman and new signing Nathan Collins as the first-choice starters at the expense of the Midlanders' club captain.

Determined to play regular first-team football, Coady jumped at the chance to talk to Everton when Wolves' former Director of Football, Kevin Thelwell, inquired about his availability and a loan move was quickly agreed with an option to buy.

Should, as expected they will, the Blues exercise that option, they would pay that relatively small fee, plus some performance-related add-ons according to reports, for a player who has become a fixture at centre-half this season, has already been named stand-in captain, and scored his first goal last weekend against Southampton.

Article continues below video content

Coady himself was thrilled with the chance to return to Merseyside to play his football and would surely be keen to make the move permanent next summer.

The 29-year-old has also been nominated for Premier League Player of the Month for September, with voting currently open here.


Reader Comments (70)

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Geoff Trenner
1 Posted 06/10/2022 at 14:54:18
What were Wolves thinking? Was he coming to the end of his contract?
Rob Halligan
2 Posted 06/10/2022 at 15:00:32
Coady's contract at Wolves is due to expire June 2023, meaning he would be a free agent then. So why don't we wait until next summer and sign him permanently for nothing?
Will Mabon
3 Posted 06/10/2022 at 15:12:34
Rob, perhaps to ward off offers from other clubs? To Coady, I mean, not Wolves.

Many would be interested to sign him purely for only increased wages (and maybe a sign-on fee) next summer, I think.

Kieran Kinsella
4 Posted 06/10/2022 at 15:15:30

I'm seeing conflicting reports on that. Sportrac have his contract ending in 2025 while others say 2023. So maybe they mean his Everton loan contract ends in 2023?

Rob Halligan
5 Posted 06/10/2022 at 15:17:31
Yeah Will, you're probably right there.

Can we sign a player who we have on loan on a permanent now, seeing as we are out of the transfer window? Pretty sure I've heard of a player signing for the club he's on loan at out of the window before, so we should get this done ASAP.

Rob Halligan
6 Posted 06/10/2022 at 15:19:34
Kieran, I just looked on his Wikipedia page, which says on 15 February 2019, Coady signed a new contract lasting to June 2023.
Will Mabon
7 Posted 06/10/2022 at 15:27:16
Rob, part of the loan agreement apparently, is that we can sign him permanently any time between now and the end of the loan agreement.

I'm now wondering where the £4.5 million figure came from, as what was originally quoted was either £12m or between £10-12m depending on source. No complaints with the lower figure though...

Kieran Kinsella
8 Posted 06/10/2022 at 15:28:30

It's kind of weird then to have a "buy clause" once his contract expires. I guess it's some sort of back-end thing whereby we avoided paying the fee upfront?

Joe Digney
9 Posted 06/10/2022 at 15:29:27
Big Kev T has had his former employers' pants down here.
Jim Bennings
10 Posted 06/10/2022 at 15:58:04
Get this deal done ASAP.

Centre-half is one area of the pitch where you can comfortably go on performing at a good level until mid-30s.

Coady isn't 30 until next year and I can see him being our modern-day Alan Stubbs, Phil Jagielka, David Weir figure.

As I say, no-brainer that just needs doing ASAP.

Jay Harris
11 Posted 06/10/2022 at 16:05:14
I would just hold fire at the moment and let him continue to "earn" that contract with the Blues.

How many times have we seen loan players overperform and then relax when they get a permanent contract?

At the moment, things are working well for all sides… so I wouldn't change a thing until we have to.

Danny O’Neill
13 Posted 06/10/2022 at 16:16:16
No-brainer. He can play and lead until he's at least 34.
Mike Gaynes
14 Posted 06/10/2022 at 16:31:49
Rob #6, scroll down one more paragraph on Coady's Wikipedia page. It reads: "On 30 September 2020, three weeks after Coady won his first full England cap, he signed a new five-year deal with the club, keeping him at Wolves until 2025." Both Transfermarkt and Spotrac confirm. So Kieran #4, the answer to your question is yes... the mention of June 2023 is the end of the loan contract.

Talk about an easy call. Find the money under the sofa cushions and seal the deal.

Thelwell is awesome. And Wolves fans will be bitter about Lage's judgement for years to come.

Don Alexander
15 Posted 06/10/2022 at 16:40:34
Is Lage related to Martinez?
Rob Halligan
16 Posted 06/10/2022 at 16:57:17
Cheers Mike. I stopped dead in me tracks after I saw On 15 February 2019.

Coady signed a new contract lasting to June 2023, so he can still be recalled by Wolves at the end of this season then?

Tony Everan
17 Posted 06/10/2022 at 17:06:32

We have an option to buy in the loan contract, so if we exercise that option within the time frame, we sign him.

His boy plays for the club and he sounds delighted to be here so I think him signing on permanently is a formality, especially at £4.5M.

It was one of the deals of the summer that Thelwell pulled off there.

Mike Gaynes
18 Posted 06/10/2022 at 17:22:37
I assume it's Coady's call, Rob.

I just found this on the Wolves' fan Twitter page, posted by a guy named Darren Thacker:

They said he was a Scouser
It turned out to be true
His name is Conor Coady
And now he is a Blue

He left the mighty Wanderers
To go to Everton
And now we really miss him
We wish he would return

Ole Ole Ole...

The previous version, which was sung at Molineux:

They say that he's a scouser,
He's really gold & black
His name is Conor Coady,
He's the leader of our pack.

The lad is fucking magic,
He's Wanderers through and through,
He hates the fucking Albion,
The Villa and the Blues!!

Allez, Allez, Allez!!!!!!

Tony Hill
19 Posted 06/10/2022 at 17:35:13
Just delighted we have him and the man next to him. As Danny says, they’re good for a while yet.
Brian Harrison
20 Posted 06/10/2022 at 17:35:17
Loan-to-buy is a very common contract, we have something similar with Juventus over Kean but the difference is their deal is a loan but they have also guaranteed to sign him at the end of the season. The deal is watertight and there is no get-out for Juventus – they have to pay.

The Coady deal is a loan with the option to buy at an agreed fee which is £4.5 million. So, provided Coady wants to stay and Everton are willing to pay the fee, there is nothing Wolves can do about it.

In both cases, a great bit of work by Everton – usually it's us that get the poor end of the deal but these are both win-win deals.

Colin Glassar
21 Posted 06/10/2022 at 18:17:35
£4.5m would be an absolute steal.

Until Coady signed for us, I couldn't stand the man —
big-mouthed gobby Red Shite, IMO.

But now? Love him to bits. He's one of us.

Bill Gienapp
22 Posted 06/10/2022 at 18:19:49
From what I've read online, the "can't play in a back four" shouts were more of a smokescreen, and the move had a lot more to do with Coady questioning Lage's tactics. So Wolves basically ran their captain out of town to appease a manager who was sacked less than 2 months into the season.

(Not that we can exactly cast stones, given we did the exact same thing with Digne – only in that case Benitez was sacked like two days later... though the whole thing actually worked out nicely for us for once!)

Paul O'Neill
23 Posted 06/10/2022 at 18:30:33
If he carries on the way he has started, that will be the bargain of the season in the Premier League. He seems a lovely fella as well, very passionate about inclusion in football for everyone. He's spoken passionately about it, winning awards etc, a sign of the man I think.

A real leader who seems to sweat blood for whichever team he plays for. Plus he only played about two games over at Mount Doom so we'll let him off and no more said...

Joe McMahon
24 Posted 06/10/2022 at 18:30:52

Very true, but the difference was Digne had been in poor form for over a year and Coady absolutely not. He's exactly the type of centre-half we have needed for years.

James O'Connell
25 Posted 06/10/2022 at 19:08:12
£4.5M? Snap their hand off.

Proper captain material COYB

Mike Connolly
26 Posted 06/10/2022 at 19:12:43
£4.5M! He's gone into the modern-day Seamus bargain.

Although £4.5M does not have the same ring as "Sixty Grand, Sixty Grand, Seamus Coleman".

Mike Gaynes
27 Posted 06/10/2022 at 19:17:39
Bill, with Mykolenko and Patterson on our flanks now, I can't even remember ol' what's-his-name.
Lee Courtliff
28 Posted 06/10/2022 at 19:29:03
I said on the Welch thread that Coady and Tarkowski for £4.5M is right up there with Weir and Gough, in terms of value for money.

Hopefully we'll get a few more years out of them than we did Gough, who was about 37 or 38 when we signed him.

Bill Gienapp
29 Posted 06/10/2022 at 19:51:15
Exactly, Mike – our board was playing 4D chess for once!
Dale Self
30 Posted 06/10/2022 at 19:56:20
I've said I would and have often raised a glass to Mr Thelwell when Everton make my weekends much more than liveable. If, and likely when we sign Coady for that £4.5M, I'm drinking a whole damn bottle.

Good Times!! UTFT!!!!!

Paul Birmingham
31 Posted 06/10/2022 at 20:04:35

This is great news and impetus to keep the form and to do the business on Sunday night, and beat Man Utd.

Kunal Desai
32 Posted 06/10/2022 at 20:31:21
£4.5 million is peanuts when you see some the insane fees paid for average centrebacks.

Get this done ASAP.

Fran Mitchell
33 Posted 06/10/2022 at 21:08:28
Billy Roberts
34 Posted 06/10/2022 at 21:25:31
Even if he only played 1 season ( he wont) he would repay that fee by virtue of the places Everton would move up the table.
Alongside Tarkovsky we now have a proper bear trap defence Best in the league..
How much is that worth ?
Fuckin far more than 4:5 million
Julian Wait
35 Posted 06/10/2022 at 22:20:22
Bruno Lage should get fired for incompetence.
Tony Hill
36 Posted 06/10/2022 at 23:01:07
I have it on good authority from some people who know Coady, and who have no axe to grind (rather the reverse), that he is a thoroughly decent man and that there is not a false bone in his body. He keeps a particular eye out for those much less fortunate than him.

The fella is an absolute gem; another big win for Thelwell.

John Raftery
37 Posted 06/10/2022 at 23:27:13
When we were first linked with Coady in late May/early June I thought it was surely unlikely Wolves would be daft enough to let him leave. They are now paying the price.

Recruitment of players but especially those around the age of 30 always entails a degree of risk. More than ever at Premier League level it is vital to assess their fitness, injury record, appearances, level of performance and appetite for the game.

Everything I have seen and read about Coady suggests he is not the type of character who will allow his level to drop. Indeed the evidence suggests he will redouble his efforts to stay at the top level. Therefore I don’t think we need to hold fire and wait for him to ‘earn’ a permanent contract.

John Pickles
38 Posted 06/10/2022 at 23:52:23
Don't make it permanent yet!

This is Everton: within a week of it happening, he'll be injured and out for the rest of the season.

Kieran Kinsella
39 Posted 07/10/2022 at 01:56:33
Great posts on here.

Tony Hill: I believe it; another Naismith.

John Rafferty: I was a doubter too.

John Pickles: you're totally right, mate.

Terry Farrell
40 Posted 07/10/2022 at 06:34:28
Gem of a player who inspires others to perform with the same determination love him.💙
Danny O’Neill
41 Posted 07/10/2022 at 06:38:14
Who knows what is around the corner, but right now, Wolves' loss is our gain. Do it Everton. You can see how much he loves it here and you can see what he is bringing to the team and the squad.

I'm no visionary, I don't often claim 'I told you so'. Who can do in the unpredictable world of football that us mortals don't control?

But I did call out Coady 2 years ago as a suggestion when I got told centre-back wasn't a priority. In all honesty, I was equally concerned about leadership – or lack of it.

I'm enjoying watching Everton again. But then I always do. But now, this team has character and the supporters are responding to it. I got told last night that other supporters don't like us.

Fine by me. Maybe the plucky little Everton and "you lot are okay" days are coming to an end.

Blue boys on the rise.

Darryl Ritchie
42 Posted 07/10/2022 at 07:01:13
It takes centre-backs time to learn the intricacies of the position. With Coady and Tarkowski at 29 years, they're in their prime.

Get Coady signed and we're set at centre-back for at least 3 years.

Just do it!

Laurie Hartley
43 Posted 07/10/2022 at 08:45:11
Coady and Tarkowski are the type of characters this squad has needed for the past decade. Two leaders who will not allow us to be bullied.

At £4.5million, Coady is an absolute bargain – Thelwell has played a blinder.

Tony Shelby
44 Posted 07/10/2022 at 09:18:09
Let's have a whip-round and get this done, then sign him on a decent, long-term contract.

That lad can rip up trees.

Rob Halligan
45 Posted 07/10/2022 at 09:21:50
Should the club think they don't want to part with £4.5M to sign Coady, then it would only take 40k Evertonians to part with £112.50 to make up the £4.5M. Collection buckets at the ready on Sunday evening!!
Jack Convery
46 Posted 07/10/2022 at 09:33:02
Nice bit of business if you ask me. I don't want him to... but Southgate would be mad to take Maguire over Coady to Qatar.

Nathan Ford
47 Posted 07/10/2022 at 10:23:06
I think its almost guaranteed we sign Cody for £4.5 million. Lampard selecting him as team captain must speak volumes to the leadership he brings to the club.

Place this in the checkout ready to buy but just making sure he doesn't pick up a serious injury before we commit column.

Alan McMillan
48 Posted 07/10/2022 at 12:22:48
Coady and Tarkowski for the combined fee of 4.5m..that has to be the best value centre back partnership of all time. 6% of what Harry Maguire cost United 🤣🤣
Neil Cremin
49 Posted 07/10/2022 at 12:48:06
My brother in law is a life long Wolves fan and he is dismayed as to why Wolves let him go. He says he was the fulcrum of their defence.He actually worries now for their future in PL.
No brainer, we now have two aggressive warriors in defence who can compensate for Jordans biggest weakness, command of box particularly to set pieces.
Brian Murray
50 Posted 07/10/2022 at 12:58:14
We hear we may need the insurance of Godfreys pace alongside them but so far their instincts and know how has navigated that problem if there is a problem. Man Utd totally beatable although still have players to hurt anyone. Carry on as usual keeping it tight we can have these.
Jamie Crowley
51 Posted 07/10/2022 at 14:21:31
£4.5 million is such a steal, you need to shower after you read it because you feel so dirty.

What the actual fuck were Wolves thinking??

Jay Harris at 11 - great post. Permanent signing at season's end. Play for the contract, and let's make sure he doesn't get injured prior to signing him up longer-term.

Phil (Kelsall) Roberts
52 Posted 07/10/2022 at 14:38:13
Jamie, probably thinking the same as Leeds when they let Cantona go to United for just £1m.

Could be a good thread here - Players who were sold for stupidly low amounts of money.

Brian Wilkinson
53 Posted 07/10/2022 at 15:54:01
Pay the £4.5 Million, will be able to play the Boxing Day fixture then, and the visit to Wolves later in the year, plus any cup games we might draw them in.
David West
54 Posted 07/10/2022 at 20:31:05
I mean, Thelwell has turned up trumps with this one, hasn't he? I'm thinking Wolves may have had an option to extend his contract so this was insurance for Everton to make sure no other offers were able to gazump us.

If Thelwell and Lampard can just add that little touch of creativity in January, it would be nice. A real "No 10" (yuk did I just type that?), a creative, goal-scoring midfield player is what's missing now, IMO.

Dupont Koo
55 Posted 07/10/2022 at 22:56:26
To my fellow Evertonians, the #KevinThelwellBrigade is now open for new membership applications!
Danny O’Neill
56 Posted 08/10/2022 at 06:54:59
What I like about both of them is acceptance of responsibility.

Tarkowski is a leader. Coady is the leader. Both have been at the club 5 minutes, yet I would imagine are already dominating the dressing room.

I noticed on a couple of occasions last week that Tarkowski basically told Pickford to do one and took control of the situation. Coady is a bit more cultured and actually really good on the ball. They complement each other and, once Godfrey is back, he will learn a lot from them and be able to step in. Likewise Holgate.

For those who perceived him as too cocky, nothing wrong with that. But I think these two will channel that enthusiasm in the right direction.

Jon Bentley
57 Posted 08/10/2022 at 09:50:56
Brian (20),

How do you know the Juventus obligation is water tight on Kean with no get-out?

I agree that local press reports (which are usually more accurate than national ones) seem to agree with you and there has been no mention of a risk to Everton that Juventus can renege. However, as I seem to recall some caveats included when the loan was first reported, so I've googled and looked back at the reports initially.

One report I've found states that a "statement from Juve said the club have agreed to a loan deal, expiring in 2023, for €7m from Everton and then an obligation to sign if Kean meets various objectives by the end of the 2022-23 campaign. The fee if the move is made permanent would be an initial €28m, payable over a three-year period, plus a further €3m in add-ons."

What worries me is what these "various objectives" are? Goals? Appearances? Staying sober? I'm hoping I'm completely wrong but it would 'Everton that', wouldn't it??

Rob Halligan
58 Posted 08/10/2022 at 09:54:33
Has anyone seen the latest video “On The Road” which the club do for away games?

It's from Southampton last week, and apart from anything else, it shows Conor Coady barking out instructions, not during the game itself, but during one of the warm-up routines and also as both teams are lining up prior to the “Handshakes”.

Whether he's on loan or not, Coady should be captain when Seamus is not available. Obviously Seamus will be captain against Man Utd tomorrow but, when Patterson returns, if he gets back in that is, then give the captain's armband to Coady.

I've nothing against Pickford being captain, other than the fact he plays in goal, but Coady has that Scouse arrogance about him, he seems to be able to really motivate and drive his teammates on, in effect doing the manager's job on the pitch. I can fully understand the Wolves fans being annoyed with him being allowed to leave their club.

Danny O’Neill
59 Posted 08/10/2022 at 10:27:36
Yes, I watched that, Rob.

It was also telling that as soon as we went a goal down he was straight away whipping them back into shape.

No feeling sorry for yourselves. Get your heads up.

About 5 minutes later I think I nearly fainted.

Simon Smith
60 Posted 08/10/2022 at 20:35:54
I had a feeling Tarkowski was going to a good player for us. He seemed to me to be what we needed.

Centre-half seemed to be not so much a problem area if Godfrey was improving with age and Mina stayed fit (obviously naive for thinking that). When those two got injured, it seemed so incredibly Everton.

Then Coady arrives and, in my opinion, he has transformed us defensively. I hadn't really seen him too much previously in much detail, but I love what he has brought to us.

We absolutely have to sign him permanently.

Tony McNulty
61 Posted 08/10/2022 at 22:03:09
Danny and Simon,

We are no longer an absolute soft touch at set-pieces any more with those two around.

Ben King
62 Posted 08/10/2022 at 22:08:43
I confess to not having watched Coady too closely this season but obviously I can see that our defence has tightened up and I'm aware that everyone extols Coady's leadership.

But what are his main defensive attributes? He's not particularly quick nor particularly tall (6'-1"), so he's not aerially dominant. I assume he reads the game well so he's good at anticipation but also he doesn't look particularly muscular…

What are his main attributes? Is he really that good and, if so, why?

63 Posted 08/10/2022 at 22:23:10
Organisation and desire will get you almost anywhere as a defender. He has it in spades.

I've always been suspicious of defenders making last-ditch challenges all the time. Often, if they were more positionally aware, they wouldn't have to.

Coady has that rare talent of not conceding goals without seemingly doing much. That's because he respects the art of defending and understands the importance of shape, communication and position.

Derek Thomas
64 Posted 08/10/2022 at 23:21:05
Ben @ 62;

Why Coady? Because he, as is said, "knows the cries" he knows what he's doing.

Defending, in simple terms, comes down to 2 things...

1) The Ball: attack the ball.

2) The Man: stop him getting to the ball or the space where the ball will be. The man can go past you or the ball can – but never both.

Football is a simple game, no fancy stepovers. He repeatedly does the simple things well.

Don Alexander
65 Posted 08/10/2022 at 23:46:15
Coady was forced to wait until he was 22 before he got a sniff of a chance, at Wolves.

To me he's of the same caste as our Dave Watson, Ratcliffe and Mountfield, a top pro determined to never ever shirk the muck and bullets side of football which, given the dickheads still in charge of us, is unfortunately a weekly demand for some time yet.

Kieran Kinsella
66 Posted 09/10/2022 at 02:04:40

Good comparison with Watson, an ex-red who seemed to get on the score sheet v the RS as did Coady give or take the VAR. I'm not sure these days he could hang on till he's 39 but, if we can get 3 or 4 years out of him, he's worth his weight in gold. Definitely the most Dave Watson centre-back we've had since the OG.

Matthew Williams
67 Posted 09/10/2022 at 12:12:22
Simply sell Mina to some Middle Eastern mugs first, then sign Coady up permanently as his loan signing, as well as getting Tarkowsi, is proving to be a masterstroke!


Ed Prytherch
68 Posted 13/10/2022 at 00:15:34
Bill 22, Silvain Distin paid the price for questioning Roberto's tactics. At that time Distin knew a damned site more about defending than BBS. Our best defender then sat out the remainder of the season on the bench while we leaked goals like a sieve.
Ed Prytherch
69 Posted 13/10/2022 at 00:15:34
Bill 22, Silvain Distin paid the price for questioning Roberto's tactics. At that time Distin knew a damned site more about defending than BBS. Our best defender then sat out the season on the bench while we leaked goals like a sieve.
Sean Roe
70 Posted 17/10/2022 at 16:46:12
I must have missed this post.

Get him signed up, great attitude, decent defender and arguably the best finisher in the squad.

David Johnston
71 Posted 06/11/2022 at 12:59:05
Coady signed a contract with Wolves in 2019 lasting until June 2023.

But in September 2020, after his first England cap, he signed a new contract lasting until June 2025.

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