Foreign ownership

Tangled up in Blue · Apr 16, 2015

http://www.theguardian.com/football/2015/apr/14/english-football-clubs-owned-abroad-tax-avoidance

http://www.theguardian.com/football/2015/apr/14/why-are-english-clubs-owned-abroad-their-responses

We're now 1 of 28 British clubs owned overseas.

"Southend United
Mezcal Investments, listed in the British Virgin Islands, owns shares in company which holds 70% of the club.

Response from club Did not respond."

Hotman · Apr 17, 2015

Glad we are in a tax avoidance article. Putting to one side the fact that avoidance is legal, evasion is illegal; surely for it to be a concern we have to make a profit first? A non story for all but the premiership clubs I'm afraid.

PS I'm pretty sure Mezcal's involvement was highlighted before by our departed friend Irate Ian, the bigger problem from a Southend fans perspective being the identity of Mezcal's owner.

Jonny_Stokes · Apr 20, 2015

I for one can heartily recommend foreign ownership. :facepalm:

Yorkshire Blue · Apr 20, 2015

Hitman said:
Glad we are in a tax avoidance article. Putting to one side the fact that avoidance is legal, evasion is illegal; surely for it to be a concern we have to make a profit first? A non story for all but the premiership clubs I'm afraid.

PS I'm pretty sure Mezcal's involvement was highlighted before by our departed friend Irate Ian, the bigger problem from a Southend fans perspective being the identity of Mezcal's owner.

The club doesn't evade tax, it just forgets to pay it.

shrimpfan · Apr 22, 2015

Hitman said:
Glad we are in a tax avoidance article. Putting to one side the fact that avoidance is legal, evasion is illegal; surely for it to be a concern we have to make a profit first? A non story for all but the premiership clubs I'm afraid.

PS I'm pretty sure Mezcal's involvement was highlighted before by our departed friend Irate Ian, the bigger problem from a Southend fans perspective being the identity of Mezcal's owner.

Our departed friend ian is not here.............All his paperwork on the football club has been saved so he is here in his own way if needed.............

buffalowolf · May 14, 2015

Jonny_Stokes said:
I for one can heartily recommend foreign ownership. :facepalm:

I have no problem with foriegn ownership ,just as long as they have the club and the supporters at heart and not their wallet or ego.:thumbsup::smile: