Why PM must act to avoid 2018 World Cup calamity

Press Releasein Industry News

An obscure tax on the endorsements of foreign athletes could ruin Gordon Brown's 'golden decade' of sport

England's chances of hosting the 2018 World Cup - and several other international sporting events - are being seriously hampered by an obscure tax on the endorsements of foreign athletes competing in this country.

When the FA met on Thursday to finalise their plans, there was much consternation behind the scenes that the tax problem was turning from a minor into a major headache for them.

'Already, Uefa have told us that, unless we get taxation on player bonuses sorted out quickly, we have no chance of getting the Champions League final in 2011,' an FA source tells me. 'We have missed out on 2010 and it's not looking good for the World Cup. As it stands, Germany and Spain have given Uefa a commitment to treat player bonuses favourably.'

see article click link :- The Guardian

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