Celtic interim manager John Kennedy believes the reported valuation of Odsonne Edouard this week is ‘far too cheap’.
The Daily Mail reported on Thursday night that Leicester City are of the belief they’ve won the race to sign the French striker this summer.
The quoted price in the article was £15m. That’s far below previous reported valuations, but with his contract expiring in 2022 Celtic may not be able to command a high premium.
The situation is concerning for Celtic fans who are hoping the Edouard fee can generate the cash needed to rebuild the first-team squad.
However, Kennedy is insistent they can drive the price up from there, speaking to print journalists yesterday.
As quoted by The Daily Record, he said: “That’s far too cheap for my liking. There comes a situation in terms of the remainder of a player’s contract and his motivation plus doing the right thing for the club regarding selling players on at the right time.
“It happens every season. We sat here last year having conversations about Kristoffer Ajer when there were question marks about his future. It’s happened to a number of others as well.
“That comes around every time the transfer window is about to reopen and it’s just about doing what’s best for the club first and foremost and then the player so we’ll see what happens with that.
“The financial perspective of this club is strong and there are some very clever people here who know how the business side of football works inside out and we’ve put ourselves in a position where we can demand transfer fees.”
Celtic have to remain bullish on Odsonne Edouard
I genuinely believe there is going to be more than one club in for Edouard this summer. He’s an exciting talent who has a proven track record of winning trophies, scoring consistently and performing in Europe. The 23-year-old also showed immense progress when working with the French U21 side.
Yes, Celtic may not be in the position they were a year ago, but if they remain bullish on Edouard’s valuation, there’s no reason to think the club can push the fee beyond £20m.
If multiple clubs are keen, that kind of fee could guarantee they steal a march on signing rivals and show Edouard they are making a big commitment.
Let’s not sell ourselves short here.