Real Madrid president Florentino Pérez has recently renewed the insurance policy the club has in place, covering them to the tune a of €103 million valuation for Portuguese star, Cristiano Ronaldo. That’s €51.5 million per leg! According to reports in Spain, this latest insurance valuation has risen 3% on last season.
Goalkeeper and Real Madrid captain Iker Casillas also has his hands insured for around €7 million, whilst reports in Spanish business journal Economia y Negocios also points at the cost of a similar policy to cover Gareth Bale, as costing the club roughly €1 million per season.
Although it’s common practice for clubs to insure their players, protecting their investments, particularly in the case of the biggest names, the policy for Cristiano Ronaldo is one of the highest in world sport. Such cover protects the club against serious injuries, particularly if the player was forced to retire.
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