While I get why people state that the price should be directly linked to the length of the contract, it's not actually correct, the fact that he only has one year left gives you a legitimate chance to lower the price that Chelsea would ideally want and nothing else. At the end of the day the price of a player is largely based on three things:
- How much all parties want to have the player under contract.
- How highly all parties rate the player.
- How many parties are actually involved.
The last one can be sneaky because people look at the contract situation and conclude that the player could be signed for free in January but there is a serious chance that the absence of a barriers to entry of 50m-60m adds serious competition in January, the player could also simply extend due to new circumstances, which brings us back to the first point, if you genuinely rate a player try to lower the price but don't consider that you are entitled to a discount.
And I'm saying that as someone that absolutely agree with the idea that we should try to exploit contract situations in the transfer market but there is a limit to it. At the end of the day a good footballer can be more productive than the extra 15m-20m that you refused to pay.