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SPORT

TAX EVASION

HARRY REDNAPP TAX EVASION Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed non ligula dui. Curabitur pharetra elementum facilisis. Praesent vel dui sit amet quam pharetra vulputate ac ut risus. Vivamus lobortis pulvinar dictum. Vivamus hendrerit sagittis odio non mollis. Ut malesuada leo eget libero lobortis fringilla. Pellentesque euismod fermentum accumsan. Vivamus sed orci at nisi vehicula volutpat. Aenean sit amet diam ac libero tempus interdum at ut nisi. Sed varius, magna id rutrum viverra, mi tellus sagittis metus, ac ultrices dolor urna ut risus. Quisque sem orci, blandit nec porttitor non, pellentesque eget lacus. Curabitur imperdiet leo vitae velit dignissim bibendum. Phasellus ornare ligula at elit imperdiet cursus vitae a odio. Donec non metus non tellus sollicitudin laoreet ut ac ligula. In hac habitasse platea dictumst. Suspendisse tempus pharetra erat, sed iaculis purus malesuada scelerisque. Nam porta risus at nisl molestie id facilisis ante sagittis. Pellentesque accumsan dictum est eget viverra. Proin hendrerit velit id justo placerat sit amet elementum velit hendrerit. Aenean in purus enim, in rhoncus orci. Donec sollicitudin orci et augue ullamcorper eleifend. Phasellus ut elit at orci viverra convallis. Curabitur laoreet, urna eu tristique ultricies, tellus leo facilisis mi, quis mollis nibh libero vel eros.

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01


HARRY REDNAPP TAX EVASION

SPORT

HARRY REDNAPP TAX EVASION Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed non ligula dui. Curabitur pharetra elementum facilisis. Praesent vel dui sit amet quam pharetra vulputate ac ut risus. Vivamus lobortis pulvinar dictum. Vivamus hendrerit sagittis odio non mollis. Ut malesuada leo eget libero lobortis fringilla. Pellentesque euismod fermentum accumsan. Vivamus sed orci at nisi vehicula volutpat. Aenean sit amet diam ac libero tempus interdum at ut nisi. Sed varius, magna id rutrum viverra, mi tellus sagittis metus, ac ultrices dolor urna ut risus. Quisque sem orci, blandit nec porttitor non, pellentesque eget lacus. Curabitur imperdiet leo vitae velit dignissim bibendum. Phasellus ornare ligula at elit imperdiet cursus vitae a odio. Donec non metus non tellus sollicitudin laoreet ut ac ligula. In hac habitasse platea dictumst. Suspendisse tempus pharetra erat, sed iaculis purus malesuada scelerisque.

HARRY REDNAPP TAX EVASION

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed non ligula dui. Curabitur pharetra elementum facilisis. Praesent vel dui sit amet quam pharetra vulputate ac ut risus. Vivamus lobortis pulvinar dictum. Vivamus hendrerit sagittis odio non mollis. Ut malesuada leo eget libero lobortis fringilla. Pellentesque euismod fermentum accumsan. Vivamus sed orci at nisi vehicula volutpat. Aenean sit amet diam ac libero tempus interdum at ut nisi. Sed varius, magna id rutrum viverra, mi tellus sagittis 01

Nam porta risus at nisl molestie id facilisis ante sagittis. Pellentesque accumsan dictum est eget viverra. Proin hendrerit velit id justo placerat sit amet elementum velit hendrerit. Aenean in purus enim, in rhoncus orci. Donec sollicitudin orci et augue ullamcorper eleifend. Phasellus ut elit at orci viverra convallis. Curabitur laoreet, urna eu tristique ultricies, tellus leo facilisis mi, quis mollis nibh libero vel eros. Pellentesque tempus ultrices felis id semper. Duis lectus nibh, tempus vitae ultricies eget, cursus eu massa. Pellentesque et venenatis tellus. Donec gravida dui ac urna viverra id ullamcorper nunc vulputate. Nam condimentum tristique magna ac malesuada. Aliquam luctus purus vel tortor semper gravida. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia 01

Curae; Aenean sagittis dignissim sagittis. Morbi et massa id odio pharetra porta sit amet eget nisl. Sed neque purus, condimentum eu volutpat quis, tincidunt at risus. Nullam suscipit massa ac tellus viverra vulputate. Maecenas dignissim sodales tincidunt. Sed bibendum placerat vulputate. Sed sagittis volutpat blandit. Nam bibendum consequat ante at pharetra. Vestibulum vel lacus dolor. Integer vitae semper ligula. Vestibulum pellentesque pulvinar dapibus. Pellentesque sed nunc massa, scelerisque eleifend erat. Duis eget blandit est. Praesent at tortor lorem, quis scelerisque nunc. Etiam facilisis, magna id vehicula vestibulum, nibh nisi ullamcorper risus, ac sodales erat metus varius lorem. Nulla euismod, lectus eu aliquet auctor, orci eros auctor lacus, eget mattis arcu mi non magna. Fusce a justo odio, facilisis hendrerit ipsum. Suspendisse rhoncus viverra enim, non dignissim urna placerat nec. Cras quis risus ut lacus egestas fermentum eget id erat. Pellentesque rhoncus malesuada dolor non pretium. Cras dignissim arcu orci. Curabitur pellentesque interdum aliquet. Donec feugiat commodo leo, id tempus quam ultricies ac. Fusce sed mi lectus, in fermentum neque. Aenean sed nisi felis, pulvinar egestas justo. Donec ipsum nisi, laoreet nec eleifend ut, lacinia eget tortor. Curabitur placerat hendrerit scelerisque.

01


HARRY REDNAPP TAX EVASION

SPORT

HARRY REDNAPP TAX EVASION Harry Redknapp said his “nightmare” was over after being cleared of tax evasion. The Tottenham boss had denied accepting secret untaxed bonus payments from former Portsmouth chairman Milan Mandaric, while he was club manager. Mr Mandaric was also cleared of two charges of cheating the public revenue over the £189,000 payments. Mr Redknapp, who was close to tears, said the case “should never have come to court”. Speaking on the steps of Southwark Crown Court, he thanked his family, the fans at Tottenham and his legal team after coming through the fiveyear investigation, which is believed to have cost about £8m. He said: “The Wigan game [on 31 January] was the most moving I’ve ever felt, for me personally to have them singing my name throughout the game while all this was going on, that will always be special to me. Peter Crouch was sold by Portsmouth to Aston Villa in 2002 “It’s been a nightmare, it’s been five years, it’s a case that should never have come to court. “I’m looking forward to going home and getting on with my life.” Former England boss Graham Taylor said the verdict now opens the way for Redknapp to take charge of the national team in the future. Sven-Goran Eriksson, another former England manager, said he thought Mr Redknapp would be a “very, very good choice” as Fabio Capello’s successor. Bookmakers have now stopped taking bets on Mr Redknapp becoming the next England boss. Mr Redknapp and Mr Mandaric embraced in the dock as the verdicts were read after five hours of deliberations. Mr Mandaric, who is currently chairman of Sheffield Wednesday, walked up to Det Insp Dave Manley to shake his hand and said: “Thank you”. ‘Egg on face’ Afterwards, Mr Mandaric said: “I have to try and pinch myself and wake up from 01

the horrible dream. During Mr Redknapp’s and Mr Mandaric’s trial, jurors heard the Spurs boss received two payments totalling £189,000, into his “Rosie 47” account in Monaco - named after his pet dog. The defence said the money was an investment made by Mr Mandaric while Mr Redknapp said he forgot about the account and had very little to do with it. The prosecution claimed the first payment of £93,100 was a bonus for selling striker Crouch for £3.25m profit in 2002. The court heard Mr Redknapp’s cut of transfer profits was reduced from 10% to 5% when he moved from being Portsmouth’s director of football to manager in March 2002 but Mr Redknapp told jurors he felt he was was “morally” due the full 10%. Mr Mandaric said he “wanted to do something special for Harry” but he denied it was compensation for his Crouch bonus and said it was an investment for a “friend”. During the trial, Mr Redknapp admitted lying to News of the World reporter Rob Beasley about the alleged Crouch payment because he did not want negative stories ahead of a cup final.

01


SPORT

HARRY REDNAPP TAX EVASION

REDNAPP & MANDARIC TRIAL IN FACTS

FAMOUS TAX EVADERS

£1.3MILLION

£189,000

ROSIE 47

At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing the public purse over £15 billion per year and benefit fraud just over £1 billion.

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

The amount Rednapp held within his Monaco Bank account, which he was accused for avoiding tax

Rednapp named the offshore bank account after his dog named Rosie, and 47 was the year he was born

5 YEARS

£8MILLION

363 POLICE CARS

The City of London Police spent 5 years investigating the case against Harry Rednapp & Milan Mandaric

It cost the City of London Police £8M to investigate the case against Harry Rednapp & Milan Mandaric

£8M could cover the cost of 363 Police cars including the travel costs and maintenance (£22,000 p.car)

RICHEST MANAGERS

£10 MILLION

The richest football coaches in the UK 2011

Including Harry’s current contract and previous contracts he is estimated to be worth £10M.

1. Fabio Capello England

£37M

2. Sir Alex Ferguson £27M Manchester United

3. Carlo Ancelotti

£25M

4. Arsene Wenger

£19M

Chelsea

Arsenal

5. Roberto Mancini £16M

TAX EVADER

SENTENCE

TAXES PAID BACK (£)

Walter Anderson Anderson a former Telecommunications Executive hid his earnings in a web of Aliases and offshore bank accounts.

9 Years

400M

Wesley Snipes

Snipes excuse for not filing tax returns from 1999 to 2004 was because he was a “Nonresident Alien”

3 Years

17M

Willie Nelson

Nelson recorded an album, The IRS Tapes: Who’ll Buy My Memories? To help pay back his taxes

-

16.7M

Nicolas Cage

Cage blamed the negligence on his former financial manager and said that he was just a victim

-

6.6M

Judy Garland

During 2004 the State of New York struck The Wizard of Oz actress with a £4M tax bill for a failure to pay taxes during 1951 - 9152

-

4M

Marc Anthony

Singer and husband of Jennifer Lopez, had to pay back £2.5M for a failure to pay taxes during 2000 2004

-

2.5M

Annie Leibovitz

To repay the tax liens, Leibovitz pledged four of her homes and the copyright to every photograph she has ever taken, or ever will.

-

2.1M

Al Capone

Legend has it the gangster called tax laws a joke because “the government can’t collect legal taxes on illegal money.” But the government had the last laugh: Capone spent seven and a half years in prison, and never recovered his crime empire.

11 Years

£215,000

Richard Hatch

In 2005 it was reported that Richard Hatch, a.k.a. “the fat naked guy” and first winner of Survivor, never paid any taxes on his $1 million prize.

3 Years

£200,000

Sophia Loren

The Man of La Mancha star was not living la dolce vita in 1982, when she served 18 days of a 30-day sentence in an Italian prison for tax evasion.

30 Days

£7,000

The Football Rich List 2011/12

Manchester City

6. Steve Bruce

£11M

7. Mark Hughes

£11M

Sunderland Fulham

REASON FOR TAX EVADING

The Football Rich List 2011/12 01

01


HARRY REDNAPP TAX EVASION

SPORT

HARRY REDNAPP TAX EVASION Harry Redknapp said his “nightmare” was over after being cleared of tax evasion. The Tottenham boss had denied accepting secret untaxed bonus payments from former Portsmouth chairman Milan Mandaric, while he was club manager. Mr Mandaric was also cleared of two charges of cheating the public revenue over the £189,000 payments. Mr Redknapp, who was close to tears, said the case “should never have come to court”. Speaking on the steps of Southwark Crown Court, he thanked his family, the fans at Tottenham and his legal team after coming through the fiveyear investigation, which is believed to have cost about £8m. He said: “The Wigan game [on 31 January] was the most moving I’ve ever felt, for me personally to have them singing my name throughout the game while all this was going on, that will always be special to me. Peter Crouch was sold by Portsmouth to Aston Villa in 2002 “It’s been a nightmare, it’s been five years, it’s a case that should never have come to court. “I’m looking forward to going home and getting on with my life.” Former England boss Graham Taylor said the verdict now opens the way for Redknapp to take charge of the national team in the future. Sven-Goran Eriksson, another former England manager, said he thought Mr Redknapp would be a “very, very good choice” as Fabio Capello’s successor. Bookmakers have now stopped taking bets on Mr Redknapp becoming the next England boss. Mr Redknapp and Mr Mandaric embraced in the dock as the verdicts were read after five hours of deliberations. Mr Mandaric, who is currently chairman of Sheffield Wednesday, walked up to Det Insp Dave Manley to shake his hand and said: “Thank you”. ‘Egg on face’ Afterwards, Mr Mandaric said: “I have to try and pinch myself and wake up from 01

the horrible dream. During Mr Redknapp’s and Mr Mandaric’s trial, jurors heard the Spurs boss received two payments totalling £189,000, into his “Rosie 47” account in Monaco - named after his pet dog. The defence said the money was an investment made by Mr Mandaric while Mr Redknapp said he forgot about the account and had very little to do with it. The prosecution claimed the first payment of £93,100 was a bonus for selling striker Crouch for £3.25m profit in 2002. The court heard Mr Redknapp’s cut of transfer profits was reduced from 10% to 5% when he moved from being Portsmouth’s director of football to manager in March 2002 but Mr Redknapp told jurors he felt he was was “morally” due the full 10%. Mr Mandaric said he “wanted to do something special for Harry” but he denied it was compensation for his Crouch bonus and said it was an investment for a “friend”. During the trial, Mr Redknapp admitted lying to News of the World reporter Rob Beasley about the alleged Crouch payment because he did not want negative stories ahead of a cup final.

01


SPORT

HARRY REDNAPP TAX EVASION

REDNAPP & MANDARIC TRIAL IN FACTS

FAMOUS TAX EVADERS

£1.3MILLION

£189,000

ROSIE 47

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

The amount Rednapp held within his Monaco Bank account, which he was accused for avoiding tax

Rednapp named the offshore bank account after his dog named Rosie, and 47 was the year he was born

5 YEARS

£8MILLION

363 POLICE CARS

The City of London Police spent 5 years investigating the case against Harry Rednapp & Milan Mandaric

It cost the City of London Police £8M to investigate the case against Harry Rednapp & Milan Mandaric

£8M could cover the cost of 363 Police cars including the travel costs and maintenance (£22,000 p.car)

RICHEST MANAGERS

£10 MILLION

The richest football coaches in the UK 2011

Including Harry’s current contract and previous contracts he is estimated to be worth £10M.

1. Fabio Capello England

£37M

2. Sir Alex Ferguson £27M Manchester United

3. Carlo Ancelotti

£25M

4. Arsene Wenger

£19M

Chelsea

Arsenal

At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing the public purse over £15 billion per year and benefit fraud just over £1 billion. TAX EVADER

SENTENCE

TAXES PAID BACK (£)

WALTER ANDERSON ANDERSON A FORMER TELECOMMUNICATIONS EXECUTIVE HID HIS EARNINGS IN A WEB OF ALIASES AND OFFSHORE BANK ACCOUNTS.

9 YEARS

400M

WESLEY SNIPES

SNIPES EXCUSE FOR NOT FILING TAX RETURNS FROM 1999 TO 2004 WAS BECAUSE HE WAS A “NONRESIDENT ALIEN”

3 YEARS

17M

WILLIE NELSON

NELSON RECORDED AN ALBUM, THE IRS TAPES: WHO’LL BUY MY MEMORIES? TO HELP PAY BACK HIS TAXES

-

16.7M

NICOLAS CAGE

Cage blamed the negligence on his former financial manager and said that he was just a victim

-

6.6M

JUDY GARLAND

DURING 2004 THE STATE OF NEW YORK STRUCK THE WIZARD OF OZ ACTRESS WITH A £4M TAX BILL FOR FAILURE TO PAY TAXES IN 1951 - 1952

-

4M

MARC ANTHONY

SINGER AND HUSBAND OF JENNIFER LOPEZ, HAD TO PAY BACK £2.5M FOR FAILURE TO PAY TAXES DURING 2000 - 2004

-

2.5M

ANNIE LEIBOVITZ

TO REPAY THE TAX LIENS, LEIBOVITZ pledged four of her homes and the copyright to every photograph she has ever taken, or ever will.

-

2.1M

AL CAPONE

Legend has it the gangster called tax laws a joke because “the government can’t collect legal taxes on illegal money.” But the government had the last laugh: Capone spent seven and a half years in prison, and never recovered his crime empire.

11 YEARS

£215,000

RICHARD HATCH

In 2005 it was reported that Richard Hatch, a.k.a. “the fat naked guy” and first winner of Survivor, never paid any taxes on his $1 million prize.

3 YEARS

£200,000

SOPHIA LOREN

The Man of La Mancha star was not living la dolce vita in 1982, when she served 18 days of a 30-day sentence in an Italian prison for tax evasion.

30 DAYS

£7,000

The Football Rich List 2011/12

5. Roberto Mancini £16M Manchester City

6. Steve Bruce

£11M

7. Mark Hughes

£11M

Sunderland Fulham

The Football Rich List 2011/12 01

REASON FOR TAX EVADING

01


SPORT

HARRY REDNAPP TAX EVASION

FAMOUS TAX EVADERS At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing the public purse over £15 billion per year and benefit fraud just over £1 billion. TAX EVADER

REASON FOR TAX EVADING

SENTENCE

TAXES PAID BACK (£)

WALTER ANDERSON ANDERSON A FORMER TELECOMMUNICATIONS EXECUTIVE HID HIS EARNINGS IN A WEB OF ALIASES AND OFFSHORE BANK ACCOUNTS.

9 YEARS

400M

WESLEY SNIPES

SNIPES EXCUSE FOR NOT FILING TAX RETURNS FROM 1999 TO 2004 WAS BECAUSE HE WAS A “NONRESIDENT ALIEN”

3 YEARS

WILLIE NELSON

NELSON RECORDED AN ALBUM, THE IRS TAPES: WHO’LL BUY MY MEMORIES? TO HELP PAY BACK HIS TAXES

-

16.7M

NICOLAS CAGE

Cage blamed the negligence on his former financial manager and said that he was just a victim

-

6.6M

DURING 2004 THE STATE OF NEW YORK STRUCK THE WIZARD OF OZ ACTRESS WITH A £4M TAX BILL FOR FAILURE TO PAY TAXES IN 1951 - 1952

-

4M

MARC ANTHONY

SINGER AND HUSBAND OF JENNIFER LOPEZ, HAD TO PAY BACK £2.5M FOR FAILURE TO PAY TAXES DURING 2000 - 2004

-

2.5M

TO REPAY THE TAX LIENS, LEIBOVITZ pledged four of her homes and the copyright to every photograph she has ever taken, or ever will.

-

Legend has it the gangster called tax laws a joke because “the government can’t collect legal taxes on illegal money.” But the government had the last laugh: Capone spent seven and a half years in prison, and never recovered his crime empire.

11 YEARS

In 2005 it was reported that Richard Hatch, a.k.a. “the fat naked guy” and first winner of Survivor, never paid any taxes on his $1 million prize.

3 YEARS

AL CAPONE

RICHARD HATCH

SOPHIA LOREN

The Man of La Mancha star was not living la dolce vita in 1982, when she served 18 days of a 30-day sentence in an Italian prison for tax evasion.

£1.3MILLION

£1.3MILLION

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

£1.3MILLION

£1.3MILLION

£1.3MILLION

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

RICHEST MANAGERS

£10 MILLION

The richest football coaches in the UK 2011

Including Harry’s current contract and previous contracts he is estimated to be worth £10M.

17M

JUDY GARLAND

ANNIE LEIBOVITZ

£1.3MILLION

2.1M

1. Fabio Capello England

£215,000

2. Sir Alex Ferguson £27M

The Football Rich List 2011/12

Manchester United

3. Carlo Ancelotti

£25M

4. Arsene Wenger

£19M

Chelsea

Arsenal

£200,000

£37M

5. Roberto Mancini £16M Manchester City

30 DAYS

£7,000

6. Steve Bruce

£11M

7. Mark Hughes

£11M

Sunderland Fulham

The Football Rich List 2011/12 01

01


SPORT

SPORT

SPORT

FAMOUS TAX EVADERS At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing the public purse over £15 billion per year and benefit fraud just over £1 billion.

TAX EVADER

SENTENCE

TAXES PAID BACK (£)

Walter Anderson Anderson a former Telecommunications Executive hid his earnings in a web of Aliases and offshore bank accounts.

9 Years

400M

Wesley Snipes

Snipes excuse for not filing tax returns from 1999 to 2004 was because he was a “Nonresident Alien”

3 Years

17M

Willie Nelson

Nelson recorded an album, The IRS Tapes: Who’ll Buy My Memories? To help pay back his taxes

-

16.7M

Nicolas Cage

Cage blamed the negligence on his former financial manager and said that he was just a victim

-

6.6M

Judy Garland

During 2004 the State of New York struck The Wizard of Oz actress with a £4M tax bill for a failure to pay taxes during 1951 - 9152

-

4M

Marc Anthony

Singer and husband of Jennifer Lopez, had to pay back £2.5M for a failure to pay taxes during 2000 2004

-

2.5M

Annie Leibovitz

To repay the tax liens, Leibovitz pledged four of her homes and the copyright to every photograph she has ever taken, or ever will.

-

2.1M

Al Capone

Legend has it the gangster called tax laws a joke because “the government can’t collect legal taxes on illegal money.” But the government had the last laugh: Capone spent seven and a half years in prison, and never recovered his crime empire.

11 Years

£215,000

Richard Hatch

In 2005 it was reported that Richard Hatch, a.k.a. “the fat naked guy” and first winner of Survivor, never paid any taxes on his $1 million prize.

3 Years

£200,000

Sophia Loren

The Man of La Mancha star was not living la dolce vita in 1982, when she served 18 days of a 30-day sentence in an Italian prison for tax evasion.

30 Days

£7,000

01

REASON FOR TAX EVADING

01

01


SPORT

SPORT

SPORT

HARRY REDNAPP TAX EVASION Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed non ligula dui. Curabitur pharetra elementum facilisis. Praesent vel dui sit amet quam pharetra vulputate ac ut risus. Vivamus lobortis pulvinar dictum. Vivamus hendrerit sagittis odio non mollis. Ut malesuada leo eget libero lobortis fringilla. Pellentesque euismod fermentum accumsan. Vivamus sed orci at nisi vehicula volutpat. Aenean sit amet diam ac libero tempus interdum at ut nisi. Sed varius, magna id rutrum viverra, mi tellus sagittis metus, ac ultrices dolor urna ut risus. Quisque sem orci, blandit nec porttitor non, pellentesque eget lacus. Curabitur imperdiet leo vitae velit dignissim bibendum. Phasellus ornare ligula at elit imperdiet cursus vitae a odio. Donec non metus non tellus sollicitudin laoreet ut ac ligula. In hac habitasse platea dictumst. Suspendisse tempus pharetra erat, sed iaculis purus malesuada scelerisque. Nam porta risus at nisl molestie id facilisis ante sagittis. Pellentesque accumsan dictum est eget viverra. Proin hendrerit velit id justo placerat sit amet elementum velit hendrerit. Aenean in purus enim, in rhoncus orci. Donec sollicitudin orci et augue ullamcorper eleifend. Phasellus ut elit at orci viverra convallis. Curabitur laoreet, urna eu tristique ultricies, tellus leo facilisis mi, quis mollis nibh libero vel eros. Pellentesque tempus ultrices felis id semper. Duis lectus nibh, tempus vitae ultricies eget, cursus eu massa. Pellentesque et venenatis tellus. Donec gravida dui ac urna viverra id ullamcorper nunc vulputate. Nam condimentum tristique magna ac malesuada. Aliquam luctus purus vel tortor semper gravida. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia 01

SPORT

HARRY REDNAPP TAX EVASION Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed non ligula dui. Curabitur pharetra elementum facilisis. Praesent vel dui sit amet quam pharetra vulputate ac ut risus. Vivamus lobortis pulvinar dictum. Vivamus hendrerit sagittis odio non mollis. Ut malesuada leo eget libero lobortis fringilla. Pellentesque euismod fermentum accumsan. Vivamus sed orci at nisi vehicula volutpat. Aenean sit amet diam ac libero tempus interdum at ut nisi. Sed varius, magna id rutrum viverra, mi tellus sagittis metus, ac ultrices dolor urna ut risus. Quisque sem orci, blandit nec porttitor non, pellentesque eget lacus. Curabitur imperdiet leo vitae velit dignissim bibendum. Phasellus ornare ligula at elit imperdiet cursus vitae a odio. Donec non metus non tellus sollicitudin laoreet ut ac ligula. In hac habitasse platea dictumst. Suspendisse tempus pharetra erat, sed iaculis purus malesuada scelerisque.

Curae; Aenean sagittis dignissim sagittis. Morbi et massa id odio pharetra porta sit amet eget nisl. Sed neque purus, condimentum eu volutpat quis, tincidunt at risus. Nullam suscipit massa ac tellus viverra vulputate. Maecenas dignissim sodales tincidunt. Sed bibendum placerat vulputate. Sed sagittis volutpat blandit. Nam bibendum consequat ante at pharetra. Vestibulum vel lacus dolor. Integer vitae semper ligula. Vestibulum pellentesque pulvinar dapibus. Pellentesque sed nunc massa, scelerisque eleifend erat. Duis eget blandit est. Praesent at tortor lorem, quis scelerisque nunc. Etiam facilisis, magna id vehicula vestibulum, nibh nisi ullamcorper risus, ac sodales erat metus varius lorem. Nulla euismod, lectus eu aliquet auctor, orci eros auctor lacus, eget mattis arcu mi non magna. Fusce a justo odio, facilisis hendrerit ipsum. Suspendisse rhoncus viverra enim, non dignissim urna placerat nec.

Nam porta risus at nisl molestie id facilisis ante sagittis. Pellentesque accumsan dictum est eget viverra. Proin hendrerit velit id justo placerat sit amet elementum velit hendrerit. Aenean in purus enim, in rhoncus orci. Donec

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SPORT

HARRY REDNAPP TAX EVASION

FAMOUS TAX EVADERS

£1.3MILLION

£1.3MILLION

“ROSIE 47”

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

Rednapp named the offshore bank account after his dog named Rosie, and the 47 was the year he was born

£1.3MILLION

£1.3MILLION

£1.3MILLION

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

www.bbc.co.uk/news/business-16973481

At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing the public purse over £15 billion per year and benefit fraud just over £1 billion. TAX EVADER

REASON FOR TAX EVADING

SENTENCE

TAXES PAID BACK (£)

WALTER ANDERSON ANDERSON A FORMER TELECOMMUNICATIONS EXECUTIVE HID HIS EARNINGS IN A WEB OF ALIASES AND OFFSHORE BANK ACCOUNTS.

9 YEARS

400M

WESLEY SNIPES

SNIPES EXCUSE FOR NOT FILING TAX RETURNS FROM 1999 TO 2004 WAS BECAUSE HE WAS A “NONRESIDENT ALIEN”

3 YEARS

17M

WILLIE NELSON

NELSON RECORDED AN ALBUM, THE IRS TAPES: WHO’LL BUY MY MEMORIES? TO HELP PAY BACK HIS TAXES

-

16.7M

NICOLAS CAGE

Cage blamed the negligence on his former financial manager and said that he was just a victim

-

6.6M

JUDY GARLAND

DURING 2004 THE STATE OF NEW YORK STRUCK THE WIZARD OF OZ ACTRESS WITH A £4M TAX BILL FOR FAILURE TO PAY TAXES IN 1951 - 1952

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4M

RICHEST MANAGERS

£10 MILLION

MARC ANTHONY

2.5M

Including Harry’s current contract and previous contracts he is estimated to be worth £10M.

SINGER AND HUSBAND OF JENNIFER LOPEZ, HAD TO PAY BACK £2.5M FOR FAILURE TO PAY TAXES DURING 2000 - 2004

-

The richest football coaches in the UK 2011

ANNIE LEIBOVITZ

TO REPAY THE TAX LIENS, LEIBOVITZ pledged four of her homes and the copyright to every photograph she has ever taken, or ever will.

-

2.1M

AL CAPONE

Legend has it the gangster called tax laws a joke because “the government can’t collect legal taxes on illegal money.” But the government had the last laugh: Capone spent seven and a half years in prison, and never recovered his crime empire.

11 YEARS

£215,000

RICHARD HATCH

In 2005 it was reported that Richard Hatch, a.k.a. “the fat naked guy” and first winner of Survivor, never paid any taxes on his $1 million prize.

3 YEARS

£200,000

SOPHIA LOREN

The Man of La Mancha star was not living la dolce vita in 1982, when she served 18 days of a 30-day sentence in an Italian prison for tax evasion.

30 DAYS

£7,000

1. Fabio Capello England

£37M

2. Sir Alex Ferguson £27M Manchester United

3. Carlo Ancelotti

£25M

4. Arsene Wenger

£19M

Chelsea

Arsenal

5. Roberto Mancini £16M Manchester City

6. Steve Bruce

£11M

7. Mark Hughes

£11M

Sunderland Fulham

The Football Rich List 2011/12 01

The Football Rich List 2011/12

01


SPORT

HARRY REDNAPP TAX EVASION

REDNAPP & MANDARIC TRIAL IN FACTS

FAMOUS TAX EVADERS

£1.3MILLION

£189,000

ROSIE 47

HM Revenue & Customs announced the Harry Rednapp Trial costs £1.3 Million

The amount Rednapp held within his Monaco Bank account, which he was accused for avoiding tax

Rednapp named the offshore bank account after his dog named Rosie, and 47 was the year he was born

5 YEARS

£8MILLION

363 POLICE CARS

The City of London Police spent 5 years investigating the case against Harry Rednapp & Milan Mandaric

It cost the City of London Police £8M to investigate the case against Harry Rednapp & Milan Mandaric

£8M could cover the cost of 363 Police cars including the travel costs and maintenance (£22,000 p.car)

RICHEST MANAGERS

£10 MILLION

The richest football coaches in the UK 2011

Including Harry’s current contract and previous contracts he is estimated to be worth £10M.

1. Fabio Capello England

£37M

2. Sir Alex Ferguson £27M Manchester United

3. Carlo Ancelotti

£25M

4. Arsene Wenger

£19M

Chelsea

Arsenal

At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing the public purse over £15 billion per year and benefit fraud just over £1 billion. TAX EVADER

SENTENCE

TAXES PAID BACK (£)

WALTER ANDERSON ANDERSON A FORMER TELECOMMUNICATIONS EXECUTIVE HID HIS EARNINGS IN A WEB OF ALIASES AND OFFSHORE BANK ACCOUNTS.

9 YEARS

400M

WESLEY SNIPES

SNIPES EXCUSE FOR NOT FILING TAX RETURNS FROM 1999 TO 2004 WAS BECAUSE HE WAS A “NONRESIDENT ALIEN”

3 YEARS

17M

WILLIE NELSON

NELSON RECORDED AN ALBUM, THE IRS TAPES: WHO’LL BUY MY MEMORIES? TO HELP PAY BACK HIS TAXES

-

16.7M

NICOLAS CAGE

Cage blamed the negligence on his former financial manager and said that he was just a victim

-

6.6M

JUDY GARLAND

DURING 2004 THE STATE OF NEW YORK STRUCK THE WIZARD OF OZ ACTRESS WITH A £4M TAX BILL FOR FAILURE TO PAY TAXES IN 1951 - 1952

-

4M

MARC ANTHONY

SINGER AND HUSBAND OF JENNIFER LOPEZ, HAD TO PAY BACK £2.5M FOR FAILURE TO PAY TAXES DURING 2000 - 2004

-

2.5M

ANNIE LEIBOVITZ

TO REPAY THE TAX LIENS, LEIBOVITZ pledged four of her homes and the copyright to every photograph she has ever taken, or ever will.

-

2.1M

AL CAPONE

Legend has it the gangster called tax laws a joke because “the government can’t collect legal taxes on illegal money.” But the government had the last laugh: Capone spent seven and a half years in prison, and never recovered his crime empire.

11 YEARS

£215,000

RICHARD HATCH

In 2005 it was reported that Richard Hatch, a.k.a. “the fat naked guy” and first winner of Survivor, never paid any taxes on his $1 million prize.

3 YEARS

£200,000

SOPHIA LOREN

The Man of La Mancha star was not living la dolce vita in 1982, when she served 18 days of a 30-day sentence in an Italian prison for tax evasion.

30 DAYS

£7,000

The Football Rich List 2011/12

5. Roberto Mancini £16M Manchester City

6. Steve Bruce

£11M

7. Mark Hughes

£11M

Sunderland Fulham

The Football Rich List 2011/12 01

REASON FOR TAX EVADING

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