Football and tax havens

Written by Ashwin Rattan Wednesday, 22 August 2012 06:15
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 Writing in today's Guardian, David Conn assesses the role of tax havens in modern football and ponders the compatability of privacy-seeking institutions with organisations that claim to be at the centre of their local community.

Reading's promotion under the new ownership of Anton Zingarevich has meant that this season a majority, 11 of the 20 Premier League clubs, are owned by overseas individuals, with several, such as "the Royals", now held ultimately in tax havens.


Reading, formed in 1871 at a public meeting in the town's Bridge Street Rooms, are owned by Anton, the 30-year old son of the St Petersburg-based pulp and paper billionaire Boris Zingarevich, via Thames Sports Investments (TSI), registered in Gibraltar.

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