[Archived] Newcastle and West Ham raided in HMRC tax investigation into transfers

[The Gull]

Unfortunately no mention of Indian authorities being involved HERE

Wonder what the implications are if found guilty?  Would it impact the barcodes promotion?

 

 

[AllRoverAsia]

This will get very interesting.

I suspect it is just the start.

I wonder if Mike C is more nervous than usual. Maybe weeing his nickers.

[Bigdoggsteel]

They are both "big clubs" in the Premier league. Nothing will come of this. 

Although both owners are extremely dodgy. Knock off Mike and the 2 porn barons. 

[MCMC1875]

Just now, Bigdoggsteel said:

They are both "big clubs" in the Premier league. Nothing will come of this. 

Although both owners are extremely dodgy. Knock off Mike and the 2 porn barons. 

Fit and proper though.

[A cup of beans]

If Newcastle are demoted, surely this means our relegation is cancelled.  

[gumboots]

But if Newcastle were to have their results for this season wiped out, we'd lose 6 points. 

[AllRoverAsia]

The FA will turn a blind eye they are too busy crucifying Moyes to no doubt collect a chunky fine.

HMRC on the other hand will if found guilty collect back tax, levy massive fines and quite probably bang a few up. And that is for starters.

[arbitro]

Hopefully HMRC find some incriminating evidence and extend their investigations into more football clubs (including ours). It's about time football was brought into the real world and had to comply with laws like the rest of other businesses.

[broadsword]

If anyone is going to do it, it will be HMRC.

The FA is not fit for purpose. It really should be reformed by the government. Bent as a three-speed walking stick.

[J*B]

Florian Thauvin. Signed by Newcastle, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Diego Payet. Signed by West Ham, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Remt Cabella. Signed by Newcastle, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Draw your own conclusions.

[DE.]

No chance this affects Newcastle getting promoted. A fine (possibly hefty) for both and a warning not to do it again. Everyone goes back to feeding out of the trough. 

[Torgeir]

29 minutes ago, J*B said:

Florian Thauvin. Signed by Newcastle, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Diego Payet. Signed by West Ham, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Remt Cabella. Signed by Newcastle, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Draw your own conclusions.

Just double checked that list and Cabella was signed from Montpellier. 

[speeeeeeedie]

I read that it was to do with image rights. Apparently they are taxed differently. However, it could be a cover story.

A blind man on a galloping horse can see that football is bent; I don't think that there has been a time when it wasn't. There's lots of money to be made, a lot of it off naïve young men who have no clue what they are getting into.

If HMRC are leading the charge the FA will sit back and do nothing. They'll say that it's not in their field of oversight.

 

[J*B]

8 minutes ago, Torgeir said:

Just double checked that list and Cabella was signed from Montpellier. 

Sorry yes - loaned to Marseille then bought from Newcastle. Previously Montpellier. 

[Baz]

Surely you relegate Newcastle to league one and wet spam to the championship?

 

[Pedro]

I was thinking it was something to with serial transferrer Demba Ba. 

[gumboots]

Did West Ham get the punishment they deserved last time they broke the transfer rules with Tevez and Mascherano? Did they heck! Brookings connection appeared to protect them and id expect the same this time. Individuals may be done, but not the club

[Paul]

7 hours ago, gumboots said:

Did West Ham get the punishment they deserved last time they broke the transfer rules with Tevez and Mascherano? Did they heck! Brookings connection appeared to protect them and id expect the same this time. Individuals may be done, but not the club

If, as reported, the investigation is for income tax and NIC fraud surely it would be individuals who have to be targeted? These are personal rather than business taxes. 

I fully agree the club will have been complicit but wouldn't be surprised if the law requires the investigation to be of individuals. It would then be up to the FA to tackle the clubs?

From Rovers' perspective investigating individuals might be a better route to the truth?

Transfer dealings might break FA rules but would only be if interest to HMRC if there was tax fraud. 

[Dunnfc]

46 minutes ago, Paul said:

If, as reported, the investigation is for income tax and NIC fraud surely it would be individuals who have to be targeted? These are personal rather than business taxes. 

I fully agree the club will have been complicit but wouldn't be surprised if the law requires the investigation to be of individuals. It would then be up to the FA to tackle the clubs?

From Rovers' perspective investigating individuals might be a better route to the truth?

Transfer dealings might break FA rules but would only be if interest to HMRC if there was tax fraud. 

Not really up until last year companies used to do a shadow company trick and run payrolls out of Ireland. Only got outlawed last year, il dig out the specifics of the scheme as I've forgotten quite a bit about it

[Lancaster Rover]

The only way the football authorities will get involved with sanctions is if the cheating allowed them to gain a material benefit in footballing matters, that's the main reasoning behind Rangers getting stripped of their titles. They were able to bring in players they couldn't afford giving them a material footballing benefit to financially cheating. If that can be proven for West Ham and Newcastle their is a chance but I wouldn't hold your breath. Baroness Brady of Westminster will see to that.

[J*B]

On 26/04/2017 at 0:43 PM, J*B said:

Florian Thauvin. Signed by Newcastle, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Diego Payet. Signed by West Ham, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Remt Cabella. Signed by Newcastle, from Marseille. Then sold back to Marseille. Agent Mondial Sports Management.

Draw your own conclusions.

Secret payments to players and agents focus of HMRC investigation
http://www.bbc.co.uk/sport/football/39729853