Far from insane it makes perfect financial sense and Gini (and his agent) know it.A four year contract would be insane. Three years is pushing it. Extension options, great, but some realism is needed here.
We're offering a substantial increase in his salary and a 3 year contract. Losing him for zilch in the Summer makes no sense at all, that's at the very least £20m down the drain (when on a multi-year contract) and yet giving him the 4 year contract he wants would only cost us an extra £6m on our offer and we'd then have the option to sell on in a couple of years if we really wanted to, recouping any extra outlay.