No - we'd never prejudice ourselves like that.
Such a contract has been on the table for several months now. As far as I know there's not been any recent progress though.
It was over the principle of a release clause at all, not the amount. We wont agree to one as it would be a major and unwelcome innovation to British football.
Dan, you may be right but I still think that it may be better for Spurs to include such a clause in Berbatov's new contract if Levy and Ramos want to rely on a happy player ready to give his best. Why? If he doesn't sign a new contract or extension, then untill the end of transfer window and January again his future will be a subject of intense speculations which wouldn't be good for both the player and the club. More importantly, the Webster rule may be more significant than it is usually considered. That guy Jonas Gutierrez from Mallorca has taken advantage of it and signed with Newcastle. (BBC: Real Mallorca are to pursue compensation after Jonas Gutierrez bought out his contract and moved to Newcastle.) I think the likes of Real, Inter (who wanted to sign Hleb on the Webster), Milan etc. wouldn't be afraid to sign Berbatov on the Webster. Wenger himself thinks that this rule can work and leaves the clubs in a weak position after the second year of a player's contract. For Observer Wenger said recently:
'Contract-wise, the club is always in a weaker position,' said Wenger of the Ronaldo situation at a Castrol-backed Euro 2008 event. 'Why? Because clubs only have the security of a player now for three years. And that's why, when a player is in his second year, it's difficult. You are in a weak situation as a club.
'OK, you can think, "I can leave this guy here if he sulks and play him in the reserves." But it doesn't work. It's a good solution in theory, but on a daily basis it's impossible. That's why, in the end, I said I will only sell Anelka if he says to me, "I want to leave". What can you do with a player who doesn't want to stay?'
http://www.guardian.co.uk/football/2008/jun/29/arsenal