Newcastle United are hiring lawyers to tackle a multi-million dollar bill over alleged tax evasion

NEWCASTLE United have called in lawyers to crack down on a multi-million pound bill over alleged tax evasion.

Directors are appealing HMRC’s claim, which is estimated at around £5million.

Newcastle United have called in lawyers to fight a multi-million pound bill over alleged tax evasion - pictured Mike Ashley

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Newcastle United have called in lawyers to fight a multi-million pound bill over alleged tax evasion – pictured Mike AshleyCredit: PA

It comes from an investigation in 2017 during the reign of retail magnate Mike Ashley when investigators visited the club grounds.

HMRC accused the club of extensive tax evasion on player transfers.

Deals between 2011 and 2013 involving Senegalese aces Demba Ba and Papiss Cisse and French star Moussa Sissoko fell within the framework of Operation Loom.

Those criminal investigations were later dropped, but the club is still facing a civil investigation.

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The focus is on collusion between the club, agents and players that allegedly led to tax evasion.

A civil investigation can subject a company to large fines.

But the club’s latest reports, released this week, show they are appealing the figure requested by HMRC and have taken the matter to solicitors.

The accounts said: “Newcastle United have received claims from HMRC for alleged underpayment of taxes and social security and interest.

“The amount claimed by HMRC has been assessed by the Directors.

“These assessments have been appealed and the matter remains in the hands of the group’s legal counsel.”

Saudi Arabia’s Public Investment Fund sealed a £300m takeover of the club last year.

United declined to comment.

Saudi Arabia's Public Investment Fund sealed a £300m takeover of the club last year

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Saudi Arabia’s Public Investment Fund sealed a £300m takeover of the club last yearCredit: AFP or Licensor

https://www.the-sun.com/sport/5542740/newcastle-united-lawyers-alleged-tax-evasion/ Newcastle United are hiring lawyers to tackle a multi-million dollar bill over alleged tax evasion

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