Spend It Like Beckham: Tax Deal Could Bring MLS Soccer To Miami

David Beckham had a busy week. Days before he would take the pitch at Old Trafford to play in the UNICEF Match for Children, Beckham met with Miami-Dade School Superintendent Alberto Carvalho to discuss the footballer’s efforts to bring Major League Soccer (MLS) to Miami. Beckham has been actively pushing to bring an MLS franchise … Read more

New York Attorney General, Citing Gambling Laws, Orders Fantasy Sports Sites To Shut Down

Today, sports fans in New York were stunned to hear that New York State Attorney General, Eric T. Schneiderman, has issued a cease and desist order to two of the most popular daily fantasy sports site in the state: DraftKings and FanDuel. The Attorney General issued the order to protect consumers, claiming that games on … Read more

Losers Like Me: Fantasy Sports Sites Like FanDuel Attract Billions And Scrutiny As Popularity Grows

I lost $25 this week on fantasy sports. For the record, it wasn’t gambling. I know this because the site that I used, FanDuel.com, said so. Over and over. According to the site: Fantasy Sports is considered a game of skill and received a specific exemption from the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA)… Thanks … Read more

In Legal Twist, Messi Will Stand Trial On Tax Fraud Charges

It turns out that Lionel Messi’s injury in Barcelona’s 2-1 victory over Las Palmas last month isn’t the most painful thing to happen to him this season. Days after it was reported that Spain had dropped criminal tax charges against the footballer, it appears that the trial is on again. Earlier this week, El Pais … Read more

Updated: Spanish Prosecutors Drop Criminal Tax Charges Against Lionel Messi

(Author’s note: This is not the last word on Messi. On October 8, a judge ruled that despite the prosecution’s actions, the case will move forward. More here.) Soccer fans in Barcelona can finally breathe a sigh of relief: prosecutors in Spain have dropped criminal charges against footballer Lionel Messi. It’s a dramatic turnabout from earlier … Read more

Hockey Players Ice High Tax Teams In Favor Of Tax Savings

On Wednesday, October 7, 2015, the National Hockey League will kick off its season with a handful of games including what many consider the main attraction: Toronto Maple Leafs vs. Montreal Canadiens. The matchup, one of the greatest rivalries in league history, is focused on two Canadian teams. That’s not surprising considering that a whopping … Read more

Agent To Neymar: Grab Your Money, Send It To Tax Havens

Footballer Neymar’s agent, Wagner Ribeiro, raised eyebrows yesterday when he took to Instagram to offer a little bit of tax and career advice to his star player. Posting in Portuguese, and addressing Neymar directly, Ribeiro complained about the press, government, and fans who “celebrated the blocking assets that was imposed on you.” Ribeiro was, of … Read more

Court Freezes $50 Million In Assets As Soccer Superstar Neymar Accused Of Tax Evasion

Another FC Barcelona striker has been accused of tax evasion – and this time, it’s not Spanish tax authorities who are leveling the accusations. A Brazilian judge has charged that Neymar da Silva Santos Júnior, known to most of the world simply as Neymar, took steps to avoid reporting income and paying tax. As a result, he … Read more

Spain Targets Another Soccer Star On Tax Evasion Charges

Less than two weeks after soccer fans learned that FC Barcelona midfielder Javier Mascherano will likely face charges for two counts of tax fraud, another high profile soccer player is under investigation. Midfielder Xabi Alonso who played with Mascherano in Liverpool, is being investigated for failing to declare income related to his image rights. The … Read more

Another FC Barcelona Star Could Face Tax Evasion Charges Despite Paying Up

Superstar-laden FC Barcelona might be among the top teams in the Spanish Liga BBVA this season but the team is making news – again – for a more undesirable reason: tax investigations. As Lionel Messi awaits trial on tax evasion charges, another Barcelona star may be joining him. Spanish news outlet El Pais has reported that teammate Javier Mascherano … Read more