Rovers tax evasion

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Goalposts
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Rovers tax evasion

Post by Goalposts » Fri May 30, 2025 10:14 pm

apparently being investigated for tax evasion along with 33 other clubs of which Chelsea, Fulham and forest are others. Probably some loophole over exploited don’t have the full list of clubs any of our financial gurus have more info ?

Quickenthetempo
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Re: Rovers tax evasion

Post by Quickenthetempo » Fri May 30, 2025 11:00 pm

Venkys are in court in India for fraud/tax evasion.

Apparently they told the Indian government their company was sending money for livestock/ducks etc.. and they bought Gary Nevilles house as accommodation for the farm workers.
All allegedly to dodge taxes.

TheFamilyCat
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Re: Rovers tax evasion

Post by TheFamilyCat » Fri May 30, 2025 11:04 pm

Quickenthetempo wrote:
Fri May 30, 2025 11:00 pm
Venkys are in court in India for fraud/tax evasion.

Apparently they told the Indian government their company was sending money for livestock/ducks etc.. and they bought Gary Nevilles house as accommodation for the farm workers.
All allegedly to dodge taxes.
They bought a few donkeys.
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Lip
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Re: Rovers tax evasion

Post by Lip » Fri May 30, 2025 11:29 pm

TheFamilyCat wrote:
Fri May 30, 2025 11:04 pm
They bought a few donkeys.
Along with some right Cocks. :D
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ElectroClaret
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Re: Rovers tax evasion

Post by ElectroClaret » Fri May 30, 2025 11:49 pm

If the owners see sense and allow a Lidl to be built in the middle of the Deadwood pitch, they'll make a fortune. :P

Woodleyclaret
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Re: Rovers tax evasion

Post by Woodleyclaret » Sat May 31, 2025 9:06 am

Isn't land £1 acre in Darwen ?

Bow
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Re: Rovers tax evasion

Post by Bow » Sat May 31, 2025 10:14 am

Appears to relate to R&D tax relief - average of £500k per club under investigation. Nothing particularly unusual or exciting unfortunately.

bumba
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Re: Rovers tax evasion

Post by bumba » Sat May 31, 2025 10:29 am

33 clubs is over a third of the EPL or EFL, I wouldn't be too quick to laugh at Rovers because I wouldn't be too surprised to see our name on the list as well. I wouldn't be shocked if it was the majority of the EPL and championship clubs that are owned by foreign owners
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dsr
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Re: Rovers tax evasion

Post by dsr » Sat May 31, 2025 1:13 pm

A few years back the tax rules made it very easy to claim good size tax reliefs (or cash refunds) on no evidence at all, if you tell them you are doing ground breaking research into new products. Numerous dodgy agencies were set up to make largely bogus claims.

I suspect that every football club that made a claim is being investigated, probably starting with a letter asking for proof of what products they were developing. If they admit it was a "mistake" and agree to pay the tax back with interest and penalties, that will be an end of it.

BleedingClaret
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Re: Rovers tax evasion

Post by BleedingClaret » Sat May 31, 2025 5:25 pm

As well as their income evasion by refusing to give us the full away end allocation

basil6345789
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Re: Rovers tax evasion

Post by basil6345789 » Sat May 31, 2025 5:57 pm

Woodleyclaret wrote:
Sat May 31, 2025 9:06 am
Isn't land £1 acre in Darwen ?
Darren

Spike
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Re: Rovers tax evasion

Post by Spike » Sun Jun 01, 2025 10:00 am

Uncle Jack will be proud of them

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