|
|
16 Jan 2008
Fabio Capello is facing an investigation from the Turin attorney's office into his financial affairs.
The probe relates to alleged tax evasion by the England football manager, who is under investigation for diverting income from sponsorship deals into off-shore bank accounts.
In a statement Capello said: 'I have assured the FA today that my finances are in order. And I am not aware of any matters which would be of concern.'
The Daily Mail reports that Capello heads an organisation known as the Capello Family Trust. The trust is based in Guernsey and controls companies with investments and properties in Luxembourg, Switzerland, Ireland, Spain, France and Italy.
Capello used plea bargaining to escape punishment in an earlier case led by the attorney's office in Como, northern Italy.
The case found that Capello had created a fictitious property in the Switzerland in order to receive tax benefits.
Further reading:
Pope to criticise tax evasion as 'socially unjust'
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment