There is no panic to sell off Jacobs

Michael Jacobs
Michael Jacobs

NORTHAMPTON TOWN chairman David Cardoza says there is no rush to sell midfield star Michael Jacobs – but expects transfer activity at Sixfields to increase next week.

Jacobs has been the subject of several transfer enquiries since the season ended, with Derby County expressing the strongest interest in securing the services of the highly-rated 20-year-old.

So far, no club has met Town’s asking price and although the implication is the player will leave the club, they are protected by the Bosman ruling, which states any new club would have to pay a tribunal-set fee for him.

“Michael is a very valuable player to us and if anything should happen it has got to be for the right price,” said Cardoza.

“The season has only just finished. People will have made their offers to their players and they will be waiting to hear back over the next couple of weeks so they won’t be able to get their squads properly together until they know who is staying and who is going.

“It’s always going to be a little bit quiet at this time but things will probably hot up at the end of this month and towards the start of the next.”

“You don’t want these issues to drag on because it does affect things, but it will take as long as it takes.

“There’s no rush. We have made him an offer and that’s where we are with it.”

The Cobblers have offered Jacobs a new deal at Sixfields, which would represent a significant improvement on his current contract but still be short of what he could earn if he moved to a higher level.

Derby, for example, would have a vast playing budget in comparison to the one at Sixfields, and they are a club who pride themselves on identifying promising youngsters and developing them in the first team.

Such a move would tick all the boxes for Jacobs, and Cardoza believes any decision he makes will be based on what is best for him and not the offer that has been tabled at Sixfields.

“If Michael should go it won’t come down to what we’ve offered him, it will be about the size of the club that wants him and the league that they are in,” he said.

“However you look at it, we couldn’t match a Championship wage even if we wanted to.

“The money we have to offer won’t play a part in Michael’s decision-making.”