German taxman ends Hargreaves move to Man Utd
Sale of England mid-fielder to Man Utd is too much of a tax liability
Rummenigge told SkySports that Germany’s tax laws make it highly impractical
for Bayern to consider any sale.
‘We thought about what to do if we got a good offer, but only the finance
minister would be happy,’ he said
‘Even if we got €30m (£20m) we can only get the tax back on contracts, so we
will not sell Hargreaves,’ he added.
Rummenigge claimed that a sale price of €30m over four would mean the club
would earn €22.5m (£15.2m) in the first year and would have to pay tax on that.
Hargreaves is currently out injured with a broken leg.