Forgive me for not taking Gocompare as gospel regarding Premier League football clubs insurance.
The main reason I suspect it doesn't happen is that NEVER have I seen on any clubs balance sheet "insurance payment".
I mean think about us this season.
Gomes, Gmblammo, Mina, Delph all spent quite a bit of time out the side, those players earn around 300k a week in wages, a months wage is 1.2m, surely somewhere in our accounts it would show it as income, no?
don’t take anything as gospel, I’m no professional just giving what I’ve experienced at a football club.
I can’t pretend to know the ins and outs, just my experience at a football club (championship at the time). It makes sense as footballers are seen as assets to the clubs so you’d want to protect those assets as much as you could just like we’d protect our car, valuables etc.
I wouldn’t know where to look in any accounts though if I’m honest. I don’t pretend I’d know the first thing about searching a football clubs published accounts. I find the tea sheet on a Saturday a tough enough read...
We pay insurance alright, it’s in the accounts. But you can insure anything and obviously the policy detail isn’t disclosed. There are definitely cases around the world of sports people being insured by their clubs for wages, wasn’t there an issue with the Yankee’s and Alex Rodriguez a few years ago when he wanted to come back from injury and the Yankies wanted to maintain he was injured as the insurance would pick up his full 25 mill wage if he was out for a full season.
Its an interesting one, Im sure someone on here knows for certain. Doesn’t seem like a lot of clarity out there on it. If there is I’m sure it’s not universal either, with perhaps percentages being paid by insures/clubs etc, I’d say it varies.
You actually have it completely right, they tried to stall his return from injury bc he was washed and they would have been better off cashing in on the insurance money then paying his wages. Baseball, like most American sports, is a labor (sorry, labour) nightmare.
Stay on topic please