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West Ham co-owner avoided paying tax by transferring money through club - court | MUK Sports

Alison Bender and Peter Walton discuss the hostile environment that plagued the West Ham v Burnley match over the weekend. The Hammers' 3-0 home defeat to Burnley leads to ugly scenes from protesting fans at the London Stadium. West Ham United co-owner David Sullivan has avoided paying £700,000 in taxes on his own family business by funnelling the money through the club, according to a court ruling. Sullivan, 69, was ordered to pay that sum to tax authorities after the court ruled he deliberately tried to benefit from the transfer of £2 million in 2010. According to the ruling, Sullivan's business, Conegate Ltd., bought £2m worth of shares in the holding company that owns West Ham. Those shares were then...
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from ESPN FC News https://ift.tt/2GbovZ8

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