West Ham and Newcastle Raided in tax investigation....

Comments

• MarkNobleLocalHero

  May 2017 edited May 2017

  Thorn, You say

  In all the cases I don't think it's the clubs being investigated but the players and/or their agents.

  I don't think it works like that. If a builder offers to do a job for someone at lower price if he pays with cash then both the builder and the person paying him are involved in tax avoidance.
• PrestonHammer

  May 2017

  In Payet's case, the loyalty bonus was in his contract, which was submitted to the Premier League and the F.A.
• MrsGrey

  June 2017

  Not been much heard since, but I just saw this in respect of Newcastle.
  
  http://www.bbc.com/news/uk-england-tyne-40372393
  
  They (Newcastle) challenged whether or not the search warrants were legal. The (preliminary) judge has just ruled that there needs to be a full hearing of the case. Meanwhile, the material seized under the original warrants is sequestered.
• MrsGrey

  June 2017

  PrestonHammer said:

  Didn't Man Utd have to pay Chelsea an outrageous fee for Mourinho's image rights? How about HMRC investigate that?

  
  In a statement released on Tuesday, a prosecutor in Madrid said the Portuguese manager had committed two counts of tax fraud in 2011 and 2012, saying that “corporate structures were used by the accused in order to conceal revenues generated from his image rights”.
  
  https://www.theguardian.com/football/2017/jun/20/jose-mourinho-manchester-united-accused-tax-fraud
• MrsGrey

  July 2017

  MrsGrey said:

  Not been much heard since, but I just saw this in respect of Newcastle.
  
  http://www.bbc.com/news/uk-england-tyne-40372393
  
  They (Newcastle) challenged whether or not the search warrants were legal. The (preliminary) judge has just ruled that there needs to be a full hearing of the case. Meanwhile, the material seized under the original warrants is sequestered.

  They are back in Court, hearing evidence on this issue. http://www.bbc.com/news/uk-england-tyne-40740458
• MunichHammer

  July 2017

  Should we be worried considering it only seems to be Newcastle fighting against this?
• MrsGrey

  July 2017

  I was never worried ;biggrin
• MrsGrey

  October 2017

  High Court has said that the warrants were legal, and so HMRC are now going through the documents, computers etc. Coverage so far all focusses on Newcastle. One of the transfers being investigated is the signing of Demba Ba from West Ham (but the 'dodgy' bit seems to be how Newcastle paid Ba's agents) which perhaps explains why West Ham was raided.
  
  http://www.chroniclelive.co.uk/news/north-east-news/newcastle-united-systematically-abused-tax-13718861