Fabrice Muamba

[mummywhycantieatcrayons]

Michael Twiss from Bury got a substantial pay off when he broke his leg. Except he claimed off the others player's insurance. It works both ways.

Dean Ashton also benefited from insurance. To be honest, I think the clubs deduct it from players' salary nowadays on the order of the PFA. So it's pretty much compulsary.

is it compulsory to join that union , if youre a footballer ?

or any similar.

I don't know the answer to this question, but the impression I have gained from speaking to a few people is that most footballers but not all have it, so on that basis I think Boris might be wrong about clubs automatically deducting insurance premiums from their players' salaries (or, at least, not all of them do it), or that some other body, such as the PFA, makes it compulsory.

[boltonboris]

A few friends of mine who've played pro had insurance automatically deducted from Salary. It may have been due to them being 17, 18.

[bobo the clown]

Michael Twiss from Bury got a substantial pay off when he broke his leg. Except he claimed off the others player's insurance. It works both ways.

Dean Ashton also benefited from insurance. To be honest, I think the clubs deduct it from players' salary nowadays on the order of the PFA. So it's pretty much compulsary.

is it compulsory to join that union , if youre a footballer ?

or any similar.

I don't know the answer to this question.

well, I imagine you do ... & it's "no", though I suspect most players actually are in the PFA.

Insurance is an odd industry. It works hard to get you ssigned up, then hard to find loopholes so they don't pay out if at all possible.

However, they also work very hard, where there are counter liabilities, to look for compromises between the two policies, even when the insured aren't keen.

My very limited knowledge of footballer's insurance will be that there is a distinction between injury and illness .... and they would frown at claims unless there are clearly career terminating. Also, contracts have a duration so any loss of earnings must reflect this. Future potential earnings are also possible, but very difficult to project.

The clubs AND the player try to cover for any loss. Value in one case, income in the other.

There can be no doubt that Moo's illness is genuine and potentially career ending, and he had 2 or 3 years contract left, so both club & player should be covered. But another snippett I have is that once a player/club is paid out that player cannot then make a professional comeback .. if they do, the sums paid will be forfeit.

[mummywhycantieatcrayons]

A few friends of mine who've played pro had insurance automatically deducted from Salary. It may have been due to them being 17, 18.

Maybe some clubs do do it for all their players - it does seem like a good idea and I'm surprised by how cheap it is.

[mummywhycantieatcrayons]

My very limited knowledge of footballer's insurance will be that there is a distinction between injury and illness .... and they would frown at claims unless there are clearly career terminating. Also, contracts have a duration so any loss of earnings must reflect this. Future potential earnings are also possible, but very difficult to project.

Yes, a player will still be paid for the duration of an injury whilst under contract, so it's difficult to see what the trigger for a payout would be then (because there's no loss).

And whilst future earnings are difficult to project, that difficulty is faced when the policy is drawn up, not when the injury happens. In that example my mate had seen, the 8 million Euros figure was fixed (80,000E p.a.) and the players pays the relevant premium. If he'd wanted 10million cover, he could easily have got it, but the premium would have gone up (upwards of 100,000E p.a.).

Apparently you can insure for whatever figure you want, if you're prepared to pay the relevant premium, which goes up more steeply once the figure gets beyond 5x current earnings, in order to reduce moral hazard!

[Prufrock]

£80K per YEAR?! And that sounds cheap? Are we only talking career ending injuries? How often do they occur? I knew clubs had insurance, though I wasn't sure if players did.

I thought it was commonly accepted wisdom that insurance was a guaranteed small loss to avoid a potentially massive loss that one couldn't afford, but if you could afford to bear the loss, it made sense not to get insured. Insurance companies are obviously aiming to make a profit, so each premium payer will pay out on average more than the total payouts averaged over the total number of premium payers?

I know lifestyle is relative, and a career is short, but do the top players need to get insured? Makes sense in the lower leagues, but for a 20kpw footballer, that policy above is still a months wages, every year, and how many careers are actually ended by injury?

Also, I'm guessing premiums go above, and payouts down once players get the wrong side of 30/are called Sean Davis?

[boltonboris]

Clubs take out a public liability insurance don't they? For things like somebody getting a career ending injury if the pitch cuts up or somesuch I think..

[bobo the clown]

Clubs take out a public liability insurance don't they? For things like somebody getting a career ending injury if the pitch cuts up or somesuch I think..

Public liability insurance is a legal requirement where a business invites outsiders into its environs, but covers .... well ... how best to put it ... liability, er, for the public !

ie. if you fall down the stairs, or a cistern drops on you while having a slash, or you get food poisoning from the overpriced pies.

[boltonboris]

Fair fvcks.. Ametuer sides also have to take it out.

[thebish]

Fair fvcks.. Ametuer sides also have to take it out.

it is wise for any organisation that invites the public to an event or onto their premises, whatever their size...

(there was a bit of a hoo-hah a while ago about a family that had a birthday party with a bouncy castle - and one of the kids suffered a broken neck on the bouncy castle - and they were about to be sued for gazillions of pounds - and people began to ask if parents now have to take out public liability insurance for birthday parties....)

[Gary the Enfield]

Fair fvcks.. Ametuer sides also have to take it out.

it is wise for any organisation that invites the public to an event or onto their premises, whatever their size...

(there was a bit of a hoo-hah a while ago about a family that had a birthday party with a bouncy castle - and one of the kids suffered a broken neck on the bouncy castle - and they were about to be sued for gazillions of pounds - and people began to ask if parents now have to take out public liability insurance for birthday parties....)

Does that include the Church?

[thebish]

Fair fvcks.. Ametuer sides also have to take it out.

it is wise for any organisation that invites the public to an event or onto their premises, whatever their size...

(there was a bit of a hoo-hah a while ago about a family that had a birthday party with a bouncy castle - and one of the kids suffered a broken neck on the bouncy castle - and they were about to be sued for gazillions of pounds - and people began to ask if parents now have to take out public liability insurance for birthday parties....)

Does that include the Church?

oh yes. we have it - have to have it - and all our hall-users have to have it too...

[mummywhycantieatcrayons]

£80K per YEAR?! And that sounds cheap? Are we only talking career ending injuries? How often do they occur? I knew clubs had insurance, though I wasn't sure if players did.

I thought it was commonly accepted wisdom that insurance was a guaranteed small loss to avoid a potentially massive loss that one couldn't afford, but if you could afford to bear the loss, it made sense not to get insured. Insurance companies are obviously aiming to make a profit, so each premium payer will pay out on average more than the total payouts averaged over the total number of premium payers?

I know lifestyle is relative, and a career is short, but do the top players need to get insured? Makes sense in the lower leagues, but for a 20kpw footballer, that policy above is still a months wages, every year, and how many careers are actually ended by injury?

Also, I'm guessing premiums go above, and payouts down once players get the wrong side of 30/are called Sean Davis?

Yeah, I think 1% sounds cheap.

If I were looking at earnings of say £5million per year and a chance of a career-ending injury in each year I played, then I wouldn't even look on it as insurance - I would look on it as a much more significant hedging of my future earnings and probably be willing to pay a fairly large premium to do it.

[Athers]

Didn't that kid at united get a big payout a couple of years back, based on his potential future earnings or something?

I think that was a claim in negligence, not an insurance payout.

Yes, Ben Collett

£4.1m calculated on him earning the contract United were going to offer him (£13k/week) and playing on that 'til he was 30. Believe they did it that way as an average of the potential scenarios: He could've earned £80k a week as a United regular, £10k a week as a Championship player or not very much lower down.

Career ruined by a tackle from some player at Middlesbrough, who admitted he'd tried to hurt Collett.

[Annoyed Grunt]

VIP Guest at the FA Cup Final

[bobo the clown]

VIP Guest at the FA Cup Final

Well, good for him.

Hopeful we may see him at the Spurs game .... for no more reason than the clubs involved and that he's agreed to be at Wembley a couple of weeks later.

[Lennon'sEleven]

I definitely read somewhere that he is appearing at the Spurs game. Seem to remember it was a reputable source. This is not very helpful. Sorry.

[Dave Sutton's barnet]

VIP Guest at the FA Cup Final

Well, good for him.

Hopeful we may see him at the Spurs game .... for no more reason than the clubs involved and that he's agreed to be at Wembley a couple of weeks later.

A few days later, Bobo. We play Spuds three days before the final, which is why I was hoping they'd get through (and rest up against us). Sadly, I had wasted that hope by underestimating Redknapp's useless f*ckwittery.

Anyway, keep going, Fab. Have some nice days out and keep the faith.

[TANGODANCER]

.

Hopeful we may see him at the Spurs game .... for no more reason than the clubs involved and that he's agreed to be at Wembley a couple of weeks later.

Would be a nice "thank-you" for Spurs excellent behaviour and support throughout. Hope that happens.

[TANGODANCER]

Would somebody at the game describe Fabric's appearance and reception? Looked very emotional on TV close -ups and shed a few tears as he acknowleged the fans.