Premier League Clubs Accused of Avoiding £470 Million in Tax

Football clubs in England’s top division have been accused of avoiding tax on an industrial scale, with the Premier League alone accounting for £470 million ($582 million) in lost taxes since 2015.

Clubs in the top flight and below avoided paying taxes to HM Revenue and Customs via the construction of artificial contracts, according to Tax Policy Associates, a not-for-profit advisory firm founded by former Clifford Chance lawyer Dan Neidle.

HMRC confirmed in a statement that it is looking into a “number of active cases investigating this,” but declined to go into further detail.

“The purpose of the scheme ...