How much to insure a footballer?
3rd October 2016
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...