Everton Unveil New Signing Conor Coady

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Report shares the buy option Everton have on Conor Coady

Many Wolves fans are still shocked that Conor Coady has left Molineux to join Everton on loan – and the option to buy clause has now been revealed.

The 29-year-old completed his move on Monday evening, having only really been linked with the switch for a few days.

Photo by Jack Thomas – WWFC/Wolves via Getty Images

Things have moved very quickly after Bruno Lage left him on the bench against Leeds United.

It was expected that Coady would not feature against the Whites if it was going to be a back four. And that’s exactly what it was, as Maximilian Kilman and Nathan Collins started.

Coady joins Everton on loan for the season, and he will hope to enjoy a good start so that he can make Gareth Southgate’s World Cup squad for England.

Ultimately that is one of the biggest reasons for the player making the move.

The fact it is a loan move is very controversial, since Everton are a team that could be rivals for Wolves this term.

Interestingly, there is now some information regarding that buy option Everton have.

Photo by Tony McArdle/Everton FC via Getty Images

The Express & Star say it is thought the clause is worth about £12 million.

The Toffees can apparently exercise this option at any time during the season, and Coady would then become a permanent Everton player in the summer of 2023.

Due to this clause, there is no option for Wolves to recall their captain this season.

It is stated within the report that ‘all parties are expecting the permanent move to go through next summer’.

£12 million option to buy clause feels very cheap for Conor Coady

So the option to buy clause Everton have on Coady is apparently £12 million, and that feels very cheap.

At the end of the day, Coady is an established Premier League defender in a back three, which is the system the Toffees will be playing.

Photo by Tony McArdle/Everton FC via Getty Images

He’s an England international who’s in his prime, is always available and never injured, and has a contract at Molineux until 2025.

Maybe the time was just right for Coady to move on after the system change. But it’s difficult not to feel like Wolves have made it far too easy for Everton to sign a superb player and world-class leader.