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Post by winsfordpotter on Nov 23, 2008 11:04:07 GMT
I have just read a story on the bbc web site reguarding clubs such as Leeds and Leicester only having to pay a small percentage of the tax they owe. news.bbc.co.uk/1/hi/uk/7741859.stmI can uncerstand teams getting in trouble and I know they get a 10 point deduction for going into administration but it is a joke that they are only paying a pecentage of what they owe. What makes it worse is the fact that they then go out and spend the sort of money that Ipshit have done on buying players and giving them a decent wage. |
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Post by davejohnno1 on Nov 23, 2008 11:10:19 GMT
Puts our own situation into a little perspective as well, particularly when you look at the team we fielded yesterday.
By my reckoning, our team consisted of 6 FREE TRANSFERS yet here we are making a really decent fist of fighting to stay in the worlds RICHEST league.
When issues like this are raised, and you view our achievements, both this season and last, it really does make you wonder why so many people (pundits?) are so reluctant to give us any credit whatsoever.
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Post by Lakeland Potter on Nov 23, 2008 11:15:01 GMT
As an ex employee of HM Revenue and Customs - I am 100% behind the tax man on this! ;D
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Post by Rebelliousjukebox on Nov 23, 2008 12:29:24 GMT
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Post by lawrieleslie on Nov 23, 2008 14:22:24 GMT
According to BBC teletext the league ruling is that clubs in administration have to honour debts to players and other football clubs before they have to pay HMRC. If this is true how come that any other business going down the pan have to pay the taxman first which imo is right because that is public purse money that is owed.
Also when leicester went into admin they owed the taxman £7m but got away with only paying 10% of that. HMRC are owed nearly £30m from clubs that have gone into admin recently and apparently are about to right off the debt.
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