TaxPersonal TaxCapello properties raided in tax probe

Capello properties raided in tax probe

FA plays down new England manager's tax problems

Italian police have raided some of England manager Fabio Capello’s properties
in connection with his tax issues, it has emerged.

Search warrants were issued in June, before Capello was appointed.

The Italian police are investigating £7m of allegedly undeclared earnings,
and removes a number of files relating to his accounts in the raids,
the
Telegraph reported.

The FA has played down the investigation, saying that they have been given
assurances that Capello’s tax affairs are in order.

‘It is our understanding that the Italian tax authorities are currently
following a procedure of looking into the finances of a number of high-profile
individuals,’ an FA spokesman said.

Further Reading:

Read
the Telegraph story: Italian police remove Fabio Capello’s files

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