Manchester United may face litigation for unpaid tax on ‘image rights’ paid to footballers as part of remuneration according to their fund raising prospectus.
Sol Cambell has issued a writ claiming his £30,000 per week was not paid by Portsmouth FC, in line with his contract, to his personal Swiss trust.
In France a high court corruption action is pending which will involve the abuse of image rights payments.
Pushing tax planning to the evasion level is an Intellectual Liability not an IA. Reputation should mean more than dickering about to save paying fair taxation.
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The tax that is being “avoided” is the tax that is used for schools and hospitals for the majority of the faithful fans and their families. The same fans who follow the teams through thick and thin and whose loyalty to the clubs make it the multi million paound business that is able to reward the players so richly. The players themselves who have private health care and private schools for their children. Many players like to be linked with charity work but surely paying the right amount of tax would be the best way of helping the ordinary people in the country that has rewarded you so well.
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