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« Ethical » rating of Arsenal Holdings
, group
and subsidiaries
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Fraud 1
| | [click on the rating for the method or on the number for the data]
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Business & marketSubsidiariesLocations & production
| shareholder | country | % | source |
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year | financial misdemeanor | sales | income | | | source |
| 2007 |
Arsenal players sign 2 contracts - 1 for basic salary which is taxed as normal, around 40% and another for performance bonus related payments. These bonus payments can add up if Arsenal play well and can amount to doubling Arsenal players basic salary.
In 1 season alone Arsenal payed 76k in tax on 7.6 million pounds of player payments. A firm called Sevco 1270 which Arsenal players are shareholders of, paid bonuses to a Jersey based trust fund. Even the manager(Arsene Wenger) has saved grands using this method.
Arsenal have also set up what is known as a employee benefit trust, through which bonuses are loaned to players, but never paid back. 41% in tax would normally be due on such loans if they were paid directly rather than from offshore, Arsenal players paid 1%. |
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| 2001 |
| 0,09 | 0,04 | | | billion US$ | |
| 2000 |
| 0,09 | 0,02 | | | billion US$ | |
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| year | financial misdemeanor | sales | income | assets | buyback | source |
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