Older players reaching the end of a contract

[Medrurkin]

What are the economic variables that affect how older players at the end of their contract may consider? Anyone on here know for sure, rather than guessing like me?

Obviously there are wider issues to consider, players may be settled, like the club, even plan to be involved in a non playing role. Or maybe, a couple of years in sunnier climes and the excitement of living and playing overseas may be a big attraction. But economically, whilst they may have a fair bit of wealth stashed away, they know that their income stream is going to change radically in a year or two. So getting a three year deal over a one or two year deal is worth a lot of cash for security at say £70k pw. It is hardly a surprise that they all seem keen on longer term deals. A buying club may be quite prepared to pay up an extra year for a decent player coming in on a free.  Say Arsenal were to get Bertrand on a three year deal, the 3rd year is a risky one, but for £3.6m, it is the same as a cheap transfer buy. Obviously the same applies for a two year deal over a one year deal. Alternatively, the “saved” transfer fee could be used as an up front signing on fee. Who wouldn’t be happy to get a £1m or £2m pre tax bonus, guaranteed whether you break down next week or not? The buying club may even up the salary, an extra £10k per week is half a million per year and not to be sniffed at when you know in a year or two, your income is likely to be peanuts in comparison. Anyhow, does anyone have inside knowledge on this?

[Give it to Ron]

On other thread deleted

Edited 21 May, 2021 by Give it to Ron