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Beckham insurance could top £300k


Following recent reports that David Beckham was considering moving to Tottenham Hotspur football club on a loan, an independent insurance company has estimated that the insurance costs associated with the move could be over £300,000.

That's the figure calculated by CBG Group, who are experts in insurance broking. The Manchester-based company believes Beckham's previous injuries would make for sky high insurance costs, with CBG's group business development director, Dave Mackie, sharing his opinion with Broking.co.uk.

"Having suffered an Achilles injury while on loan at AC Milan last year, adequate insurance to protect Beckham while he's in the UK - in addition to protecting LA Galaxy's investment in him - is essential," said Mackie.

"Insurers calculating a premium would need to take into account his past injuries, age and current physical condition. An estimate for his insurance premium could easily start from £300,000 upwards, depending upon the type and level of cover selected - all of which are subject to the appetite of the schedule of insurers, which is necessary to provide such a high level of cover."

The group's predictions come after the negotiations between Beckham and Tottenham were revealed in the press, which The Guardian reports have broken down slightly due to issues over who would pay Beckham's insurance whilst in the UK. It seems LA Galaxy have been hesitant to fork out for it, as when on loan to Milan AC last year, Beckham ruptured his Achilles tendon - which effectively ruined his season.

As such, despite it being his last season playing for them, LA Galaxy has insisted that Beckham returns to their ground for pre-season training by February 10th, which could really jeopardise his chances of signing for the Spurs - regardless of the insurance costs.


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