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Why would we refuse to offer him a new deal without the clause ? make no sense at all, yeah we are gong to keep the clause that means we lose him on the cheap.

 

very strange

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on.  Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?
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Guest Roger Kint

I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

We insured a free transfer not a £7m one. Would imagine the costs are different

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

As Roger says I assume.  Obviously I don't know for a fact, but I can't see an insurance company insuring a £7m signing (see Stoke transfer).  And if they do, I assume the premiums would be huge.

 

I reckon Ashley knows this and probably assumes that the list of clubs willing to take a chance on Demba isn't quite as long as the media and/or Demba's agents would like to make out. He is therefore unwilling to up Demba's already pretty decent salary after a good 1/2 to 2/3s of a season.

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Guest Roger Kint

Why would any prospective club have him insured by definition? Is it that common to take out insurance against injuries?

 

No idea how it works in football tbh. Just assuming thats what Hughsey was meaning

 

Edit: As he explained above

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Why would any prospective club have him insured by definition? Is it that common to take out insurance against injuries?

 

Again I am not 100% certain - but I can't believe that a club would spend millions of pounds on an uninsured asset that could be worth nothing.  After having paid £7m in transfer fees and then, for example, £15m in wages... you would want some sort of insurance.  It's probably explained in the accounts.

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

We insured a free transfer not a £7m one. Would imagine the costs are different

so the cost to insure him would be more rather than "will not be able to insure him" ? I'm guessing west ham insured him.
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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

As Roger says I assume.  Obviously I don't know for a fact, but I can't see an insurance company insuring a £7m signing (see Stoke transfer).  And if they do, I assume the premiums would be huge.

 

I reckon Ashley knows this and probably assumes that the list of clubs willing to take a chance on Demba isn't quite as long as the media and/or Demba's agents would like to make out. He is therefore unwilling to up Demba's already pretty decent salary after a good 1/2 to 2/3s of a season.

 

Again, how relevant is this? I imagine the premium for insuring professional footballer's wages and "value" is prohibitive in any case. Why would millionaire/billionaire owners of football clubs insure their assets per se when they know they only people making money from this is the insurance companies. If you have 30 professional players on the payroll you will always have one or two serious injuries. I imagine football clubs can do their own risk management when it comes to this without having to rely on handing over huge insurance premiums.

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Guest Roger Kint

I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

We insured a free transfer not a £7m one. Would imagine the costs are different

so the cost to insure him would be more rather than "will not be able to insure him" ? I'm guessing west ham insured him.

 

Sorry like i pointed out in my next post that was my take on Hughsey's post, i really dont know

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Why would any prospective club have him insured by definition? Is it that common to take out insurance against injuries?

 

Again I am not 100% certain - but I can't believe that a club would spend millions of pounds on an uninsured asset that could be worth nothing.  After having paid £7m in transfer fees and then, for example, £15m in wages... you would want some sort of insurance.  It's probably explained in the accounts.

 

First I hear from this. I know national teams insure players (like the FA did with Owen), but that's because they don't actually own the assets and can be liable for claims from the clubs who do when they are injured when on national duty. Would be interesting to see if football clubs normally insure their players. For the average Premiership club (60 million in wages alone, probably close to 100 million player value in balance sheet assets) this would easily cost many millions in insurance premium per annum. I can't see wealthy business men like Mike Ashley handing over this cash to the insurance companies when they can easily carry this risk themselves.

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

As Roger says I assume.  Obviously I don't know for a fact, but I can't see an insurance company insuring a £7m signing (see Stoke transfer).  And if they do, I assume the premiums would be huge.

 

I reckon Ashley knows this and probably assumes that the list of clubs willing to take a chance on Demba isn't quite as long as the media and/or Demba's agents would like to make out. He is therefore unwilling to up Demba's already pretty decent salary after a good 1/2 to 2/3s of a season.

 

Again, how relevant is this? I imagine the premium for insuring professional footballer's wages and "value" is prohibitive in any case. Why would millionaire/billionaire owners of football clubs insure their assets per se when they know they only people making money from this is the insurance companies. If you have 30 professional players on the payroll you will always have one or two serious injuries. I imagine football clubs can do their own risk management when it comes to this without having to rely on handing over huge insurance premiums.

 

So you don't think that clubs take out insurance policies on their players ie their most valuable assets?  I can't believe that a club would spend millions of pounds on a player and agree a contract to pay him millions of pounds and then not take out insurance.

 

With Ba - I don't know if he is uninsurable or just that the premiums for a player with a degenerative knee problem are just very high.  Again, the risk of taking Ba on a free and possibly not insuring him/or paying higher premiums are not nearly the same as a club buying Ba for 7m and paying wages in excess of 50k a week.

 

I could be wrong on all this - but it seems to me to be common sense.

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on. Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

so have we insured him or not ?

 

As Roger says I assume.  Obviously I don't know for a fact, but I can't see an insurance company insuring a £7m signing (see Stoke transfer).  And if they do, I assume the premiums would be huge.

 

I reckon Ashley knows this and probably assumes that the list of clubs willing to take a chance on Demba isn't quite as long as the media and/or Demba's agents would like to make out. He is therefore unwilling to up Demba's already pretty decent salary after a good 1/2 to 2/3s of a season.

 

Again, how relevant is this? I imagine the premium for insuring professional footballer's wages and "value" is prohibitive in any case. Why would millionaire/billionaire owners of football clubs insure their assets per se when they know they only people making money from this is the insurance companies. If you have 30 professional players on the payroll you will always have one or two serious injuries. I imagine football clubs can do their own risk management when it comes to this without having to rely on handing over huge insurance premiums.

 

So you don't think that clubs take out insurance policies on their players ie their most valuable assets?  I can't believe that a club would spend millions of pounds on a player and agree a contract to pay him millions of pounds and then not take out insurance.

 

With Ba - I don't know if he is uninsurable or just that the premiums for a player with a degenerative knee problem are just very high.  Again, the risk of taking Ba on a free and possibly not insuring him/or paying higher premiums are not nearly the same as a club buying Ba for 7m and paying wages in excess of 50k a week.

 

I could be wrong on all this - but it seems to me to be common sense.

 

I have always been thought that you take out insurance to cover for risks where the costs are so high you cannot reasonably expect to recover from it when it happens. Hence you take out health insurance in case you get seriously ill and need expensive treatment, but you don't necessarily take out insurance on your 200 GBP bike, because you could afford to buy a new one if needed. Now, I am just a small business man compared to the likes of Mike Ashley, but this is certainly how I approach insurance in my business too. I can't imagine a self made billionaire being so risk averse that he would take out insurance against something that for him (relatively speaking) is effectively a 200 pound bike. And that's before taking into account that he has 30 bikes and can only use 11 at any one time (or 16 if you include the subs).

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I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on.  Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

 

PSG.

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Guest MrSundlofer

I really can't see any club being prepared to pay £7 million for him and pay him more than the £50k a week he is currently on.  Whichever club he signs for will not be able to insure him, so I think it is just too much of a risk for any purchaser.

 

PSG.

 

No. Don't think he's the player Ancelotti needs.

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All our players are insured to protect their transfer fee and cover wages while injured and also to provide compo to players that get injured if career ending.

 

It is unknown whether West Ham have insured Demba Ba but we have.

 

Ba has a release clause because he needs to be affordable if he wants out.

 

As stated by the club insider, Ba would cost the buyer £20m up front based on the club knowing the percentage premiums they have to pay at the moment and factoring that onto the transfer fee, expected wage increase, contract length, and agent fees.

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Not too worried to be honest. If he goes, I just hope we replace him.

 

This. I have trust in our scouting team that should we lose him we will go out and get ourselves a replacement who will do a good job for us and is preferably not African so that both our front two don't disappear mid season. He had a purple patch from the back end of September through to January but from the beginning of the season up until we played Blackburn on 24th September he hadn't scored a single goal for us and his performances had been awful. He then went 3 months from the beginning of February until the end of the season without hitting the back of the net either. I rate him as a player and i'd love him to stay but out of him, Cisse and Ben Arfa if we were to lose one of them I would want it to be him every time as I think he'll be much easier to replace than the other 2. Whether someone is willing to pay £7m+ for a player with a huge question mark over his knee and who will more than likely not pass a medical is another matter altogether.

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