Pompey braced for Wallace release clause interest

Jed Wallace. Picture: Joe Pepler
Jed Wallace. Picture: Joe Pepler
  • Wallace contracted to Pompey until the summer of 2017
  • Clause in deal he signed last summer worth around £275,000

Iain McInnes has admitted Pompey are bracing themselves for clubs to activate Jed Wallace’s contract clause.

And the Blues chairman expects to lose the highly-regarded midfielder this summer.

That is not to say any deal is in the pipeline or any deal has been done, but I think it is likely he will be somewhere else

Iain McInnes

Paul Cook has already stated he believes the 21-year-old will depart Fratton Park following a meeting between the pair last Wednesday.

It’s a view McInnes echoes, although he denies any agreement has been made with the queue of interested clubs.

Regardless, it is understood Wallace is free to exit Pompey should clubs meet a clause worth around £275,000 in his contract.

The three-year deal was signed last summer when the Blues feared the youngster could walk away as a free agent.

In that situation, a tribunal would have set a compensation fee, likely to be worth considerably less than the subsequent clause.

Wallace is currently on holiday but Pompey are remaining realistic over their chances of keeping this season’s top scorer.

McInnes said: ‘In my opinion, I think Jed probably in his mind feels the right thing to do is move on – and I am saying that without having a direct conversation with him.

‘There has been no announcement privately or otherwise from Jed in the meantime, but I think it is more than likely Jed will probably be playing for somebody else next season.

‘That is not to say any deal is in the pipeline or any deal has been done, but I think it is likely he will be somewhere else.

‘If clubs from afar as the Championship knock on the door and turn his head then we wouldn’t want to stand in his way – in fact that is the terms of the agreement.

‘There is a release contract that basically says at a certain amount of money he is free to leave the football club anyway.

‘We got an extra year out of him. He was out of contract last season, I wasn’t privy to the negotiations but I don’t think they were difficult.

‘They were based upon the fact he wanted a release clause should people come knocking on the door.

‘Without that I don’t think he would have signed the contract.’

Wallace has scored 30 times in 121 appearances since making his debut under Michael Appleton in August 2012.

For the past two seasons the midfielder has been the Blues’ top scorer, netting 17 times this year alone.

As a result, he picked up six player-of-the-season trophies – and also got the chairman’s vote.

He added: ‘Jed has been outstanding, he is an impressive man on and off the pitch – and he is a man.

‘He was my player of the season, it would be difficult to pick anybody else with 17 goals from midfield.

‘He is a consummate professional, whichever club gets him after us have a very good player on their hands.’