Compensation claim news 20/11/2007
Owen injury leaves Newcastle claiming damages
Newcastle United's anger that star striker Michael Owen will be out of action following yet another injury whilst playing for England has been tempered somewhat by the news that the club are entitled to make a compensation claim for the damage.
The 27-year-old tore a thigh muscle in his country's 1-0 victory over Austria last week and will be on the sidelines for six weeks, leaving Newcastle to struggle on without him.
With his wages rumoured to be in the region of £110,000 a week, his club were obviously distraught by his personal injury and were facing being left well out of pocket.
However, a new Football Association insurance policy means that Newcastle can now claim injury compensation to cover a large proportion of their striker's wages. Limited to £100,000 a week, this compensation won't cover the entire amount of wages paid, but will nevertheless limit the damage to the Magpies bank balance.
In the past, Newcastle have suffered enormously because of Michael Owen's injuries and a knee injury he picked up at the 2006 World Cup saw him out of action for nearly a year.
This was just one of many injuries to high-earning Premier League stars that made the Football Association finally succumb to pressure from clubs and implement a suitable compensation claim system.
For more information about Michael Owen, take a look at www.michaelowen.com.

|