Saddened! wrote:
Billinge_Lump wrote:
This is not new and IIRC this kind of payment has been in doubt for at least 12 months, possibly 2 years.
Any club continuing to use them after they were put in doubt was being pretty stupid.
No, that was image rights payments wasn't it? Thats a different thing to this, which is basically overseas pension schemes that are paid up once the player returns to his home country.
No, EBT's have been under scrutiny for a while, image rights was a separate issue and resolved a bit back. I expect that HMRC have won a case against them and this ruling is the result, but I seem to recall discussion about EBT's over 12 months ago.
Adeybull will know more, this is his area of expertise.