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French police raid drug and money-laundering gang linked to English Premier League Read more: http:
#11
To repeat one of my favourite idiom's: blimey!

The below article surely is guilty in every respect of stating the obvious isn't it?

Only a person as scandolous as I would ever suggest that certain gentlemen with Russian and American background might be amongst those involved?

http://www.tribalfootball.com/report-cla...ing-254227

Quote:Report claims Football a vehicle for money laundering

01.07.09 | Ian Ferris

An international agency responsible for tracking the proceeds of crime has warned that the UK football business is at risk of being exploited for criminal activity.

The BBC reports that the Financial Action Task Force (FATF), an intergovernmental agency established by the G7 summit in Paris in 1989, has said there is a danger criminals could buy clubs, transfer players, money laundering and run betting scams.

The FATF report also published two examples of tax evasion by footballers in the UK, and suggested that clubs had knowledge of the illegal action.

In one example, it said an international player said his signing-on fee was disguised as part of a fee to a foreign agent. The agent paid him £300,000 overseas and he did not disclose this to UK tax authorities.

The FATF report says, "It is likely that the club concerned was fully aware that the payment to the agent included a signing-on fee for the player and the benefit to the club in such an arrangement is that it avoided social security contributions of £38,000."

The report recommends that the FA creates a code of best practice to protect against illegal financial activity in football.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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French police raid drug and money-laundering gang linked to English Premier League Read more: http: - by David Guyatt - 09-11-2010, 12:41 PM

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