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F1 CEO Ecclestone Fighting $1.57B Tax Bill As HMRC Reopens Family Trust Dispute

Published in SportsBusiness Daily Global on 05 / 22 / 15

F1 CEO Bernie Ecclestone is "fighting a tax bill" of more than £1B ($1.57B), after U.K. tax authority HMRC reopened a "long-running dispute over a family trust," according to Vanessa Houlder of the FINANCIAL TIMES. The high court heard on Thursday that Ecclestone had filed "three separate laws...

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Tags: Finance, United Kingdom

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Sports Direct To Reintroduce Bonus Plan

British sporting retailer Sports Direct said that it would "attempt to reintroduce" a bonus plan to award a one-off windfall worth more than £40M ($64M) to Founder Mike Ashley after company shareholders "rejected a similar measure in September," according to Mark Wembridge of the FINANCIAL TIM ...

Tags: Finance, United Kingdom

Taylor Wants 16th World Darts Title

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Tags: People and Pop Culture, United Kingdom

English FA To Introduce Quotas

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Tags: International Football, United Kingdom

New Arena Crucial To Spurs Ambitions

Former EPL Tottenham captain Ledley King believes the club will have a "better chance of attracting elite players to the club" if it make progress with its plans to build a new stadium, according to Tom Collomosse of the London INDEPENDENT. The Northumberland Development Project, which would see a 5 ...

Tags: United Kingdom, Facilities

Leeds Near Completion Of Takeover

The Football League’s decision to sanction the appointment of three members of management at Bahrain-based bank Gulf Finance House Capital to the board of directors at Leeds United "removed a major obstacle to completion of the firm’s takeover" on Dec. 21, according to Phil Hay of the YO ...

Tags: Finance, United Kingdom

Bradford City Regains Place In FA Cup

League Two side Bradford City has been reinstated into this season’s FA Cup after a successful appeal against a decision to remove them for "fielding an ineligible player in the second-round tie against Brentford," according to Mark Cue of the LONDON TIMES. The FA’s appeal board agreed w ...

Tags: Franchises, United Kingdom

PFA Apologizes To Player In Race Row

The Professional Footballers' Association has apologized to a black player who was sacked by his club because he "complained that they had racially discriminated against him," according to Ian Herbert of the London INDEPENDENT. Player Mark McCammon was advised by the players' union that it would not ...

Tags: Leagues and Governing Bodies, United Kingdom

Olympics, Euro Dominate U.K. TV Ratings

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Tags: Media, United Kingdom

Salford Reds Run Risk Of Administration

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Tags: United Kingdom, Franchises

Hibs Boss Says Rangers Won't Get Help

Scottish Premier League Hibernian Chair Rod Petrie is "adamant there is no way the future of Scottish football will be carved up" to help speed up Third Division Rangers’ return to the top flight, according to Iain Collin of the SCOTSMAN. Petrie combines his roles at Hibernian, where he is cur ...

Tags: United Kingdom, International Football

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