The name of CA Osasuna has appeared indirectly in a news published by the American economic portal Semafor, which interprets a surprising financial operation linked to the end of the past season. The news points to a millionaire movement during the last day of the EA Sports League and is related to the Kalshi prediction market platform, regulated in the United States. The red and white club would have paid 1.2 million euros for a policy with the Howden brokerage that would have allowed it to receive 6 million euros in case of relegation. The publication adds a key element to identify Osasuna: the team involved would have secured permanence in the last day after a narrow 1-0 defeat, a result that avoided relegation to the Second Division. Therefore, it can only be Osasuna. However, the interpretation made from the Navarrese club's environment is very different. According to sources close to the entity, it would not be a sports bet, but a common coverage mechanism in the industry: a relegation insurance policy contracted in the final stretch of the season to protect against the economic impact of relegation. This operation would have been valued at around 1.2 million euros and would have been managed through the Howden brokerage, one of the major international players in this type of service. In the event of relegation, the policy would have activated a significantly higher compensation, in addition to the economic aid that LaLiga provides to clubs that drop to the Second Division. From the club, it is highlighted that this type of financial instruments are common practices in modern professional football, designed to reduce the impact of adverse sporting scenarios and provide economic stability to entities. Additionally, it is emphasized that the operation was communicated to the economic control bodies and will be reflected in the corresponding accounts, without any internal concern after reviewing the information and its context.
Club
Osasuna takes out relegation insurance for 1.2 million euros
Osasuna has taken out relegation insurance for 1.2 million euros to protect itself from the economic impact of relegation in the EA Sports League.
Osasuna Hub