Osasuna has issued an official statement to clarify the information that has emerged in recent hours regarding the contracting of an insurance policy linked to the risk of a possible sporting relegation. The red entity has explained that it signed a coverage of 1.2 million euros with the aim of guaranteeing a financial compensation of 6 million euros in case of losing the category.
The club has stressed that these types of financial agreements are common and recurring tools in professional football to mitigate the strong economic impact that entities suffer when they go down.
In the note sent, Osasuna highlights that the operation was managed through Howdenan insurance company of great international prestige that operates regularly with multiple LaLiga clubs. Likewise, the Navarrese club wanted to deny any type of irregularity or occultism by confirming that LaLiga She was fully aware of the process and was consulted directly.
Internally, the hiring was also promptly notified to both the president of the Control Commissionl as well as the auditors of the sports entity itself. Finally, the board of directors wanted to make it clear that the club’s involvement was limited solely and exclusively to the contracting of this coverage as a measure of financial protection for its interests.