Arsenal’s Sanchez facing jail after admitting €1m tax fraud
Arsenal striker Alexis Sanchez faces a possible jail sentence after admitting to tax fraud in Spain of almost €1m (£880,240, $1.06m).
Arsenal striker Alexis Sanchez faces a possible jail sentence after admitting to tax fraud in Spain of almost €1m (£880,240, $1.06m).
Around 180 football stars are using ‘companies as pension pots’ to save tax on their earnings after their clubs struck a deal with HM Revenue and Customs (HMRC).
HMRC is currently investigating 43 football players and 12 clubs over their use of offshore companies to avoid paying tax on money earned through image rights in the UK, with a senior official revealing the tax office has clawed back £158m ($199m, €186m) in the last two years.
Football legends Cristiano Ronaldo and Jose Mourinho are accused of dodging millions of dollars of tax by channelling money to offshore tax havens, according to leaked documents obtained by a number of media outlets.
100 footballers including Irish national Robbie Keane and ex-Fulham midfielder Jimmy Bullard are reported to have lost out in an alleged £30m investment con.
The ex-managing director of Leeds United football club has reportedly been arrested in Dubai, following accusations of financial irregularities by the clubs former owners.
George Soros, Nick Train and Crispin Odey are three of the most respected investors plying their trade today – so why on earth do they have holdings in Man United, Celtic and Juventus in their funds?
Manchester United is on track to become a publicly quoted company tomorrow on the New York Stock Exchange after abandoning earlier attempts to float in Singapore and Hong Kong.
Manchester United, the indebted UK football team owned by the US Glazer family, may look to move the clubs registration to the Cayman Islands, according to press reports.
Manchester United Football Club is planning a partial flotation on the Singapore Exchange.