IoS investigation: Football’s tax shame – Premier League – Football – The Independent http://t.co/7Qd9gvaM via @Independent
IoS investigation: Football's tax shame
Premier League clubs made more than £150m profit yet paid less than £3m in corporation tax, according to analysis of their most recent accounts. This is an effective tax rate of 2 per cent. Equally startling is that a profit of £150m made by eight clubs is all that the Premier League has to show for a turnover of about £2.2bn a year.