Liverpool May have bought a few duds (including AC), however they have bought and seen Suarez, Torres and Coutinho go for massive money. And they still sit with Salah, firminho and more
But in that case isn't 'transfer policy' just another way of saying 'they buy players the manager rates'?
To be classed as an actual 'policy', I think it needs to be more than that.... maybe covering ages of players, type of contracts they get, how the deals are structured, what sort of clauses are put in the contracts and stuff like that.
But in that case isn't 'transfer policy' just another way of saying 'they buy players the manager rates'?
To be classed as an actual 'policy', I think it needs to be more than that.... maybe covering ages of players, type of contracts they get, how the deals are structured, what sort of clauses are put in the contracts and stuff like that.
Which West Ham, have being miserable at, one of the highest wage payers in the league and possibly getting relegated.
From saying we have enough money to purchase players but wouldn't buy Defoe because he had no resale value but then signing players like Fonte / Evra / Zabaleta....
West Ham's policy is the worst in the league when you measure up finances to finishing places to wages paid. Tragic.
From saying we have enough money to purchase players but wouldn't buy Defoe because he had no resale value but then signing players like Fonte / Evra / Zabaleta....
That certainly looks more constructive and fair play to DS for inviting them in.
I also read all 32 pages of the Karren B, letters to LLDC/Mayor or London, I think she handled herself quite well in those but seems to be banging her head against a brick wall. For some reason E20 do not want to play ball and it would be in their interests to do so and help reduce the cost to the taxpayer, legal action is now on the horizon and that won’t do anyone any good
imo Anybody who has never said to the Revenue, 'Oh look I can afford an extra fiver. Go on, you have it,' can't legitimately criticise anybody else for also making sure they pay what they are liable for and not a penny more.
I couldn't read the article, (not paying for The Times, tvm) but I assume he acted on advice from a tax accountant, on the assumption that it was a legitimate action.
So, all he is guilty of is employing someone who didn't know the rules as well as they thought they did.
Exactly my point. Paying into a pension scheme is one way of many to reduce your tax. I inferred from Sweepy's "No" that he wouldn't do anything to reduce his tax liability.
From what I read (not the Times, but reported elsewhere, so trusting that they got it right) the losses that were incurred by one company (owned by DS) when it sold West Ham shares to West Ham at below market rate were recorded as losses, which meant the company's tax bill was lower than it would otherwise have been if the profits had been higher.
So far so ordinary - happens all the time. Perfectly legal.
The problem for DS is that he is owner (or part owner) of both companies. And so while it is clear that the orginal company did indeed make a loss on selling the shares to West Ham, because of the ownership, you can't (it seems, as the Court has just ruled) offset the losses.
The fact that all these dealings were recorded openly in the company accounts, and picked up on by HMRC, indicates to me that they weren't trying to hide anything.
Accountants are paid to know the rules and apply them when doing the books. Auditors too. I wonder who the auditors are were for the original company?
Comments
MrsGrey - I don't think bought by the same club is the same thing as transfer policy. I can't imagine Lambert being bought by Klopp different style.
But in that case isn't 'transfer policy' just another way of saying 'they buy players the manager rates'?
To be classed as an actual 'policy', I think it needs to be more than that.... maybe covering ages of players, type of contracts they get, how the deals are structured, what sort of clauses are put in the contracts and stuff like that.
"but that same transfer policy bought the first three players originally..."
My point was that just because players are bought by the same club it doesn't mean the thing as the same transfer policy.
From saying we have enough money to purchase players but wouldn't buy Defoe because he had no resale value but then signing players like Fonte / Evra / Zabaleta....
West Ham's policy is the worst in the league when you measure up finances to finishing places to wages paid. Tragic.
The same transfer policy (same season, same manager) bought Firmino and Benteke.
Or the same manager? Rogers brought in Borini and Firmino. (But in different seasons.)
Not so simple to execute.
Otherwise everybody would be doing it ;wink
I also read all 32 pages of the Karren B, letters to LLDC/Mayor or London, I think she handled herself quite well in those but seems to be banging her head against a brick wall. For some reason E20 do not want to play ball and it would be in their interests to do so and help reduce the cost to the taxpayer, legal action is now on the horizon and that won’t do anyone any good
Oh dear.....
Indeed.
My point was that he can probably still be regarded as a British tax payer.
That hardly makes him unique.
The opposite, in fact, I'd say.
Doesn't pretty much everyone try to game the system where they can?
Well, me and Diddy D, obvs.
Oh, and Ken Dodd.
So, all he is guilty of is employing someone who didn't know the rules as well as they thought they did.
So far so ordinary - happens all the time. Perfectly legal.
The problem for DS is that he is owner (or part owner) of both companies. And so while it is clear that the orginal company did indeed make a loss on selling the shares to West Ham, because of the ownership, you can't (it seems, as the Court has just ruled) offset the losses.
The fact that all these dealings were recorded openly in the company accounts, and picked up on by HMRC, indicates to me that they weren't trying to hide anything.
Accountants are paid to know the rules and apply them when doing the books. Auditors too. I wonder who the auditors
arewere for the original company?