Mino Raiola, 8 million euro agreement with the tax authorities for the companies of the former manager of Serie A footballers

Mino Raiola, 8 million euro agreement with the tax authorities for the companies of the former manager of Serie A footballers

Three foreign companies, one Maltese and two English, through which the late sports agent Mino Raiola operated in Italy between 2016 and 2020 have paid 8 million euros tothe Revenue Agency as part of an agreement reached at the end of a series of tax audits by the Guardia di Finanza of Naples. This was reported by Ansa.

According to which “these are companies with which Raiola has concluded several numerous contracts for the purchase and sale of various and important Serie A footballers and their related image rights. The investigations brought to light commissions invoiced to Italian clubs but not declared for approximately 90 million euros”.

“The transfer contract of Paul Pogba from Juventus to Manchester United in 2016 and the contract renewal of Gianluigi Donnarumma at Milan in 2017 also figure among the more than 60 contracts concluded by Mino Raiola through the Maltese company Three Sports Business Ltd and with the English companies Topscore Sports Ltd and Isport Worldwide Ltd, which ended up in the sights of the Guardia di Finanza of Naples – explains ANSA – At the end of the investigations by the Guardia di Finanza, commissions invoiced to Italian clubs but not declared for approximately 90 million euros emerged, which the companies targeted by the investigators regularised by paying 8 million euros to the Italian tax authorities.. The list of contracts analyzed also includes those regarding the transfers of Hirving Lozano from PSV to Napoli, of Kostantinos Manolas from Roma to Napoli, of Matthijs de Ligt from Ajax to Juventus and of Moise Kean from Juventus to Everton in 2019. The tax authorities’ hypothesis is that, through mandates granted exclusively to Raiola, the three companies operated in Italy through an undeclared “personal permanent establishment”.

“After the checks, despite not recognising the existence of a “permanent hidden organisation”, the professionals delegated to assist Raiola’s foreign companies reached an agreement with the Revenue Agency according to which the commissions invoiced to the Italian clubs were taxed in proportion to the days of Raiola’s actual stay in Italy (fiscally resident in the Principality of Monaco until his premature death on 30 April 2022 at the San Raffaele hospital in Milan). The agreement, according to what has been learned, was reached in compliance with the Guardia di Finanza’s official reports, applying an institution recently introduced by the Meloni government’s tax reform”, concludes Ansa.