Ownership, investment in football clubs should be better regulated – Francis Zammit Dimech

Transparency and full disclosure with regard to ownership of football clubs across Europe and with regard to ‘investments’ made in same clubs is of crucial importance. MEP Francis Zammit Dimech made these remarks during a public hearing organised by the Committee of inquiry into money laundering, tax avoidance and tax evasion (PANA) entitled “Tax-planning, do celebrities and companied breach EU law?”.

Zammit Dimech emphasised that transparency on ownership and investment in clubs, the ultimate beneficial owners, level of investment and full tracking along with traceability of donations especially when they exceed significant amounts had to be given due importance to ensure

... read more at: http://www.independent.com.mt/articles/2017-09-27/local-news/Ownership-investment-in-football-clubs-should-be-better-regulated-Francis-Zammit-Dimech-6736179507