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Madrid insured for full value of Bale

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BALE-FRUSTRATEDMADRID, October 15 – Real Madrid’s president on Tuesday revealed that Gareth Bale had cost 91 million euros (Sh10,487,886,500), confirming the Welsh winger had been insured for the value of his transfer fee.

Questioned on the Intereconomia television channel on whether Real’s injured star is insured for 91 million euros ($123 million, 78 million pounds) in the event that he is forced to end his career, club president Florentino Perez replied: “Yes, sure”.

“It’s a life insurance, against accidents. Bale is insured for the amount he cost,” he added, making it clear that the insurance policy covers death and permanent invalidity.

Neither Real Madrid nor Tottenham, Bale’s former English Premier League club, had previously disclosed the price tag, which the British press had speculated at up to 101 million euros.

Meanwhile, Meanwhile, WaColeman has already defended himself over the manner in which Bale was used during the games against Macedonia and Serbia.

And he rubbished claims that his medics had in some way compounded the injury, saying: ‘Gareth didn’t have a problem with his back when he was with us. He missed the Olympics with something similar — and our friendly with Mexico.

The Wales manager heads into a party atmosphere in Brussels on Tuesday with fresh accusations over the cause of the player’s fitness emanating from Madrid.

Bale has suffered with a slipped disc and the story from the Spanish capital is that the £86million man first had the problem when he was with the Wales squad last month.

– Additional reporting by Daily Mail

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