1. Log in now to remove adverts - no adverts at all to registered members!

Ryan Mason insurance...

Discussion in 'Hull City' started by originallambrettaman, Oct 15, 2019.

  1. originallambrettaman

    originallambrettaman Mod Moderator
    Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    107,537
    Likes Received:
    64,733
    Hull City's insurance pay-out for Ryan Mason's cruel retirement is revealed

    Hull City received an insurance pay-out of £1m after club-record signing Ryan Mason was forced to retire last year, Hull Live can reveal.

    Mason became the Tigers most expensive recruit in August 2016 when joining from Tottenham in a landmark deal worth £13m.

    The England international made 20 appearances for City but the last of those brought a cruel end to a once promising career.

    Mason suffered a sickening head injury when colliding with Gary Cahill in City’s Premier League game away to Chelsea in January 2017 and needed emergency surgery on a fractured skull.

    The hope was for the midfielder to eventually make a full recovery but 13 months later it was decided the risks attached to a comeback were too great.

    Mason retired with immediate effect at the age of 26 and it is understood City have since received just £1m of their huge outlay through a basic insurance package.

    https://www.hulldailymail.co.uk/sport/football/hull-citys-insurance-pay-out-3430639
     
    #1
  2. tigerscanada

    tigerscanada Well-Known Member

    Joined:
    Sep 21, 2012
    Messages:
    24,194
    Likes Received:
    9,516
    Hopefully the lad had some personal "Accident & Health" coverage for himself at the time too. Premiums wouldn't have been cheap as certain sports are "rated", but his salary would have been adequate enough to get a fair whack of coverage. Presumably he had a sensible advisor.
     
    #2
  3. Plum

    Plum Well-Known Member

    Joined:
    Apr 19, 2013
    Messages:
    14,448
    Likes Received:
    10,244
    He's been working at Tottenham a while now, I'm sure he won't be on his uppers. :emoticon-0100-smile
     
    #3
  4. tigerscanada

    tigerscanada Well-Known Member

    Joined:
    Sep 21, 2012
    Messages:
    24,194
    Likes Received:
    9,516
    Without doubt. However he lost potentially 8-10 years of a high income contract(s). I doubt running a junior team is very lucrative.
    High income earners, while they have it available, would be wise to plan ahead for ages 35-80 needs. In his case 26-80 needs. Hence insurance.
     
    #4
  5. originallambrettaman

    originallambrettaman Mod Moderator
    Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    107,537
    Likes Received:
    64,733
    All players are insured against career ending injuries, via the PFA.
     
    #5
  6. tigerscanada

    tigerscanada Well-Known Member

    Joined:
    Sep 21, 2012
    Messages:
    24,194
    Likes Received:
    9,516
    I realize that OLM. I suspect the proceeds of such policies would fall short of covering a player's remaining contract income, let alone financial requirements for the rest of their lives. Hence my suggestion they should augment the coverage out of their own pockets. It's a short career anyway, and if the income is there, use some of it for security.
     
    #6
  7. Plum

    Plum Well-Known Member

    Joined:
    Apr 19, 2013
    Messages:
    14,448
    Likes Received:
    10,244
    You serious? He was working for the Allams! :emoticon-0105-wink:
     
    #7
  8. Tickton Tiger.

    Tickton Tiger. Well-Known Member

    Joined:
    Dec 15, 2012
    Messages:
    8,517
    Likes Received:
    11,113
    Still a £12m hit on the clubs coffers?
    A very, very, unfortunate incident for club and player.
     
    #8
  9. originallambrettaman

    originallambrettaman Mod Moderator
    Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    107,537
    Likes Received:
    64,733
    The PFA recommend that players take our their own additional cover, particularly at the top level and it seems the maximum payout for the most comprehensive cover is five times a player's annual salary.
     
    #9
  10. tigerscanada

    tigerscanada Well-Known Member

    Joined:
    Sep 21, 2012
    Messages:
    24,194
    Likes Received:
    9,516
    Thanks. That's sound advice by the PFA.
     
    #10

  11. City Man

    City Man Well-Known Member

    Joined:
    Jan 21, 2016
    Messages:
    12,692
    Likes Received:
    8,886
    Snodgrass, Bullard, Mason and Diame

    The bigger the signing, the longer the injury period.

    Am I officially allowed to say we have been unlucky as **** in the PL with these key absences?
     
    #11
    Dutch Tiger and Tickton Tiger. like this.
  12. Howdentiger2

    Howdentiger2 Well-Known Member

    Joined:
    Jun 17, 2019
    Messages:
    7,931
    Likes Received:
    14,892
    Most also take out personal insurance policies on top of the PFA one
     
    #12
  13. Howdentiger2

    Howdentiger2 Well-Known Member

    Joined:
    Jun 17, 2019
    Messages:
    7,931
    Likes Received:
    14,892
    Sorry didn't see you'd put this before I hit reply to your previous post
     
    #13
  14. oldman

    oldman Well-Known Member

    Joined:
    Apr 1, 2014
    Messages:
    1,331
    Likes Received:
    774
    Would appear that dumb and dumber ended up with a relative pittance in compensation as they opted for a 'basic' insurance package. Surely they would have learned from experience that expensive footballers do sometimes get seriously injured early in their contracts? In fact, Jimmy
    ...
     
    #14
  15. charon-the-ferryman

    charon-the-ferryman Well-Known Member

    Joined:
    Jan 4, 2013
    Messages:
    6,434
    Likes Received:
    7,168
    and Diomande - we signed him injured
     
    #15
  16. City Man

    City Man Well-Known Member

    Joined:
    Jan 21, 2016
    Messages:
    12,692
    Likes Received:
    8,886
    Hernandez too crocked for a long time.

    Good job he took an intensive English Language learning course in those idle months to enable him to become so fluent
     
    #16
  17. Tickton Tiger.

    Tickton Tiger. Well-Known Member

    Joined:
    Dec 15, 2012
    Messages:
    8,517
    Likes Received:
    11,113
    Add Odebajo to that list.
     
    #17

Share This Page