John Terry has taken a wage cut of around £100,000 a week – two-thirds of his salary – to stay as a Chelsea player.
Before the announcement of his new deal, there had been widespread reports that Terry had an offer to move to China. We can safely say that the offer would have been worth about four squillion pounds a week.
Instead, Terry chose to accept a new one-year deal from Chelsea, even though he is expected to be a fringe player at the club next season.
Widespread reports on Thursday suggest that Terry will be paid £55,000 a week next season, with his current wage thought to be just over £150,000 a week.
On Wednesday, Terry expressed his delight that a deal had been agreed for him to remain at Stamford Bridge:
“I am delighted to sign a new contract with the club. Everyone knows I’m Chelsea through and through,” Terry said.
‘I am looking forward to next season under the new manager and hopefully we can make it a successful one.”
Let’s face it: Terry is hardly short of cash. Yet he still deserves some credit for shunning the millions on offer elsewhere to continue his career as a one-club man.