WowPlus
Home Relationships Scandals 93 footballers, nine clubs, and 23 agents to be investigated over £56m of unpaid tax
Scandals

93 footballers, nine clubs, and 23 agents to be investigated over £56m of unpaid tax

Share
Share

 

93 footballers nine clubs and 23 agents to be investigated over a56m of unpaid

A total of 93 footballers and nine clubs, and 23 agents face being investigated over nearly £56million in unpaid tax.

The Inland Revenue targets football clubs for £45m in missing tax, with players owing £5.8m and agents a further £4.8m in the last year.

HMRC is gearing up for a major clampdown on players’ image rights and the fees paid to agents over player transfers. And they have released the figures to top UK accountancy group UHY Hacker Young.

Also Read: Know The #BBNaija 2021 Housemate, Who Is Your Favorite

Company partner Elliott Buss said: “HMRC sees the football industry as an area where there is a great deal of unpaid tax owed by high earners.
“HMRC has identified £55.6m in unpaid tax from the football industry.

“Targeting agents’ fees is a signal they think this is an area where too much tax is underpaid.”

On the issue of players’ image rights, Buss added: “It is understandable the likes of Marcus Rashford or Harry Kane would utilize a company to sell their ‘image.’

Also Read: Tokyo Olympics: D’Tigers Crash Out After Third Defeat Against Italy

“But players with near to no brand recognition use image rights to avoid paying tax.”

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Jack Nicholson's Alleged 1970s Affair Is One Of His Most Scandalous
ScandalsTrending

Jack Nicholson’s Alleged Affair With Susan Anspach Became One of Hollywood’s Messiest Stories

Navigating their relationships was far from easy for all parties involved when...

Celebrity Couples Who Broke Up In 2026
ScandalsTrending

Celebrity Couples Who Broke Up in 2026 and Left Fans Genuinely Surprised

Not all romances result in a fairytale ending, and for these celebrities,...

Kaitlan Collins' Mystery Vacation Companion Isn't Her Supposed New Boyfriend (Sorry, Rumor Mill)
ScandalsTrending

Kaitlan Collins’ Barcelona Mystery Man Wasn’t A Secret Boyfriend After All

For whatever reason, many people are interested in the romantic life of...

Mark Consuelos And Kelly Ripa Can't Outrun The Cheating Rumors
United States CelebritiesDatingScandalsTrending

Mark Consuelos and Kelly Ripa Cheating Rumors Keep Coming Back (Even Without Proof)

Kelly Ripa and Mark Consuelos have shared stories that contribute to the...