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
93 footballers nine clubs and 23 agents to be investigated over a56m of unpaid
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Your email address will not be published.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
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...

smiles
TrendingBreakupsmarriagesScandalsUnited States Celebrities

Dylan Dreyer Divorce Signs: The Subtle Clues Behind a Quiet Split

"Today" anchor Dylan Dreyer often gave viewers a glimpse into her 12-year...

HE XrElWAAAQ332
BreakupsScandalsUnited States Celebrities

Cardi B and Offset Drama: Why Reconciliation Still Feels Complicated

The Cardi B and Offset reconciliation question keeps coming up, and honestly,...

Miss Universe 2025: Contestants stage walkout after organiser humiliates Miss Mexico
Scandals

When Solidarity Spelled Walkout — Miss Universe 2025’s Fractured Moment in Thailand

Many contestants of the Miss Universe 2025 have staged walkouts from the...