Champions League run pushes Man City to £19m profit

By David Owen

October 19 – A best-ever Champions League run has propelled Abu Dhabi-owned Manchester City to a near doubling of annual profits. The club, which plays Barcelona tonight, spiritual home of new manager Pep Guardiola, has reported pre-tax profits of £19.6 million for the year to May 31, up from £10.2 million in 2014-15.

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UK footballers from Rooney to Durie hung out to dry in film fund tax dodges

money flying

By Paul Nicholson

October 12 – The number of players and football executives revealed as falling foul of UK revenue and customs authorities in the UK for investing in tax avoidance film funds is likely to be as high as several hundred, threatening bankruptcy for some and financial hardship for many others. It is a scandal made in the City of London but acted out in clubs across the country and not just in the Premier League.

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