Osasuna secured financial protection against relegation

Spanish football club Osasuna took out an insurance policy to protect itself against the financial consequences of relegation from the top league. The club paid 1.2 million euros for a policy that would have provided a 6 million euro payout if they had been demoted.

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The club has taken out an insurance policy for 1.2 million to secure compensation of 6 million euros in case of relegation.

Osasuna, which features Croatian striker Ante Budimir, narrowly avoided relegation, finishing 17th in the league, just one spot above the drop zone. The team secured its survival in the final month of the season after a string of five consecutive losses.

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Osasuna has arranged insurance against the economic consequences that would arise from eventual relegation to a lower competition, which is common practice in professional sports, and especially in professional football.

The club stated that this type of insurance is common practice in professional sports, particularly football, to mitigate economic risks. Osasuna confirmed that the policy was arranged with Howden, a reputable international insurance company with a significant presence in the sports sector. La Liga was also informed about the policy arrangement.

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The club has taken out an insurance policy for 1.2 million to secure compensation of 6 million euros in case of relegation.

Ante Budimir, a 34-year-old Croatian international, had a strong individual season, scoring 17 goals in 37 matches for Osasuna, making him the third-highest scorer in the Spanish league. Despite his contributions, the team's collective performance led to a tense end to the season.

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Arranging this policy was carried out with Howden, an insurance company with internationally recognized reputation and wide presence in the sports sector, which has been regularly cooperating with other La Liga clubs for years.