BUDAPEST: FIFA’s long-awaited insurance policy to cover players injured on international duty will provide clubs around the world with a maximum annual payout of up to $9.7m per player.
Congress was told by secretary-general Jerome Valcke that payouts for any injured player will vary from individual to individual depending on the size of their salaries but the maximum daily amount payable on an injured player will be $27,000 a day.
The policy will cover an injured player for a maximum of one year. Valcke said a maximum of $91 million would provide cover from September 1 this year until the policy ends on December 31, 2014.
The agreement ends a long-running dispute between FIFA and clubs, who have complained for many years that FIFA should implement cover for when their players are injured on international duty and cannot play.
With the cover beginning in September, European soccer’s governing body UEFA has said it will provide its own insurance for players at next month’s European Championship in Poland and Ukraine.
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