With the football season in full swing, a sports insurance specialist at Lockton has been explaining the business behind how clubs protect their best players' income in case of injury.

"Whatever you earn in a week you spend on insurance," Michael Owen, from sports insurance specialist Lockton, tells Wake Up to Money.

So if a footballer earns £50,000 a week, that's how much a club will spend on the player's insurance premium for a year.

Clubs face difficult decisions, though, because it's too expensive to insure the whole squad. They end up insuring the top five or six highest earners, says Mr Owen (not to be confused with his namesake, the former England striker).

Source:bbc.com