By Dave Woods

9th Sep, 2019 | 2:32pm

Phillips poised for new contract but it's not all good news

Kalvin Phillips is on the brink of signing his new contract. We’ve heard that before but it does seem like ink is about to get splashed, with the Athletic’s Phil Hay claiming the deal would be worth £25k-a-week.

That puts him just outside the top earners at the club with Patrick Bamford and Kiko Casilla on around £35k-£40k-a-week.

That’s obviously brilliant news but there was one slight downside to the new contract.

Asked by a fan about a release clause being in the new deal, Hay replied, “I was told at the outset that a new deal was likely to include a clause like that (and I’m certain that the cost of release would be £20m+).

“If you think about it, it makes sense. Leeds can’t expect to keep a player as good as Phillips in the Championship in definitely. It would be unrealistic to think like that. But a release clause means any club who come into sign him are forced to pay what Leeds consider to be a fair valuation. To that end, the interests of all sides are protected.”

The release clause does make sense. It means that Phillips can get a move to the Premier League if Leeds don’t get promoted. And it means Leeds will get a much better price than if he was in the last year of his contract.

But it highlights how important winning promotion this season is. Missing out again and then losing Phillips in the summer would be two hammer blows to the club and it would be hard to see us being as competitive again without Phillips. It’s not exactly now or never but the stakes are undoubtedly high this season.