By Danny Mills

20th Aug, 2021 | 9:45pm

Mills claims Everton starlet Small has just terminated his contract

Danny Mills has claimed Everton have mutually agreed to terminate Thierry Small’s contract.

Speaking exclusively to Football Insider, the ex-England defender, whose son Stanley plays for Everton Under-23s, suggested it could still be some time before Small finds a new club.

Football Insider broke the news on 17 August the Premier League have told the young left-back he is now free to speak to other clubs.

This site revealed the next day Southampton have made the first move to sign the 17-year-old.

“I was under the impression that they had mutually agreed to end his contract,” Mills told Football Insider correspondent Connor Whitley.

“He can then sign for anybody with a compensation package. It’s complicated. Yes, he’s free to go anywhere he wants but that club won’t agree a fee. It will go through the courts and an arbitration process will decide what the amount is.

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“It’s a bit of a gamble. You’re not 100 per cent sure what that fee is going to be. There is no hard and fast rule, it’s quite new in this situation.

“He’s under 24 so he technically can’t go on a free transfer. The club that wants to take him may think ‘We think it’s going to be £1million, but it could be £2million or £3million’. That’s quite the difference.

“I don’t like the situation at all. I think it’s been handled poorly. Whoever has been advising him has got it totally wrong.”

Small became Everton’s youngest-ever player in January when he made his debut against Sheffield Wednesday in the FA Youth Cup.

Former manager Carlo Ancelotti is a big fan and wanted to take him to Real Madrid but Brexit rules mean that is unlikely.

In other news, Everton have been tipped for a late-window transfer spree as Moshiri is blown away.