24 Hrs
The Guardian
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The Guardian

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The Guardian

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Newcastle faces £3.2m tax demand over transfer payment issues

Newcastle faces £3.2m tax demand over transfer payment issues

Newcastle United is under investigation by HM Revenue and Customs for a "deliberate" failure to pay tax related to player transfers. The club owes £1.9 million in taxes and has been fined £1.25 million, stemming from a scheme used between 2010 and 2016 to avoid paying taxes on player payments and agent fees. The investigation, linked to a 2017 raid on the club's stadium, is part of a broader inquiry into tax abuse during ownership under Mike Ashley.

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