Monday, 06 July 2026 · Europe
EUR/USD 1.141 EUR/GBP 0.8554 EUR/CHF 0.9201 EUR/PLN 4.288 All rates →
Sign in · Join
EUROPES The European Report
LATEST
Football

Newcastle hit with demand for £3.2m over ‘deliberate’ failure to pay tax on transfers

Newcastle hit with demand for £3.2m over ‘deliberate’ failure to pay tax on transfers
Football | The Guardian

Club owe HMRC £1.9m in tax and handed £1.25m penalty Relates to investigation of transfers under Mike Ashley Newcastle United have been hit with a demand for £3.2m from HM Revenue and Customs over a “deliberate” failure to pay tax, according to official disclosures that relate to a near decade-long investigation into player transfers under the club’s former owner, Mike Ashley. The Tyneside club, which has been owned by Saudi Arabia’s sovereign wealth fund since 2021 , owes HMRC £1.9m in tax and has also been hit with a penalty of £1.25m, the newly released documents show. The bill emerged as a

This story was reported by Football | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at Football | The Guardian →

More from Football