Football in the 21st century revolves around large sums of money being invested in players, stadiums and wages. We all know that players and teams are highly motivated by the prospect of winning silverware, which often follows with a financial performance bonus to honour their success. However, contracted bonus schedules lead to significant financial exposure for both clubs and sponsors.
How can we help?
At McClarrons Sport, we offer bespoke solutions that mitigate the financial exposure related to Contractual Bonuses, and provide clubs with a performance-based financial incentive in a cost-effective manner. Through strong relationships in the insurance market and years of experience working with both clubs and sponsors, McClarrons Sport can tailor a performance and bonus structure to suit any club’s targets for the upcoming season.
Our team have worked closely with a number of clubs and the Football Association (FA) to make sure that the packages we build for clubs are fully compliant with FA regulated bonus schemes. Contractual Bonuses need to be a positive commodity, as is set out as a strict guideline within the FA. For example, clubs in the U.K. can only create bonuses for positive outcomes like promotion to top 4, top 6, to avoid relegation or if they win a particular trophy.
Why choose McClarrons Sport?
Through our independence, our dedicated sports team are able to approach the whole market to provide our clients with the most suitable insurance solution for their requirements. With many years of experience in the sports contingency and insurance industries, you can have peace of mind around the advice and protection we provide.
We offer excellent customer service alongside an in-depth of knowledge of the sports insurance sector. As well as this, we work on an agreed fee basis, meaning we will be completely transparent with you about the costs associated with arranging your insurance.
By working with McClarrons Sport, you are able to enjoy the success of your campaign, without worrying that it has been a little too successful.
Work with McClarrons Sport and #InsureResponsibly.