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Jan 25, 2024 · The revelations, and the further scandals that have plagued FIFA, revealed the murky underbelly of the so-called beautiful game. Football is the ‘richest sport in the world’, with an estimated net worth of $600 billion (£470 billion). In 2019, the European Commission identified professional football as an ‘ obvious candidate ’ for ...
- The Magician
- ‘We’ll Just Manufacture It’
- Brink of Ruin, ‘Dirty Tricks’
- Cypriot Passport
- Responses by Those Involved
Posing as agents for a fictitious wealthy Chinese criminal, I-Unit’s undercover reporters contact a middleman, Christopher Samuelson who helped them get to the brink of a deal to buy Derby County, one of England’s oldest football clubs and twice England champions in the 1970s. Samuelson is a trust fund manager and football deal-maker known as “The ...
Samuelson told the undercover reporters he would make sure that the criminal investor would be approved by the EFL. “I’ll come up with an idea of how we can structure it so we defeat the EFL. I can pressure the football league,” he told Al Jazeera’s undercover reporters. “We’ll manage it. We’ll just manufacture it.” Samuelson took the reporters to ...
Samuelson has long been a player in international business. In the 1990s, he helped build Valmet, one of the world’s biggest offshore trust companies. His companies moved hundreds of millions of dollars out of Russia for oligarchs, including Boris Berezovsky and “Badri” Patarkatsishvili. In 2004, he arranged a deal using opaque offshore trusts for ...
Samuelson and Hunter said they could help the undercover reporters obtain a new passport for their client, and give him a new name to completely deceive the football authorities. “We’ve done this many, many times for others who, I can assure you, are in a worse position than your boss,” Hunter said. Hunter then introduced Al Jazeera’s undercover op...
In response to the I-Unit’s findings, Samuelson’s lawyers said he was never told that Mr X had a criminal conviction for money laundering and bribery and that, had he known of any criminality, he would have ended discussions immediately. Hunter refused to engage with the details of our findings but said that he strongly disputed most of them. Hunte...
Sep 25, 2014 · Meanwhile, the Football League and its clubs have agreed on a FFP framework across all three of its divisions. Championship clubs are permitted losses of £8m (£5m funded by shareholders) in 2013 ...
Sep 30, 2016 · There is now more money to be made in football than ever before. In the 2014-15 season alone, Premier League clubs earned more than £3.3 billion and spent over £950 million signing players.
Sep 12, 2024 · Each offence concerned goods valued at between £7.66 and £163.00, with a total (aggregate) value of £442.57. The prosecution was commenced via a postal requisition issued in April 2019, i.e. outside the 6-month time limit applicable to summary only offences by virtue of s.127 Magistrates Courts Act 1980 (MCA 1980).
New EU AML measures bringing soccer into the scope of anti-money laundering laws. Feb 26, 2024. In the 2021/2022 season, the 10 leading football clubs in the European Union (i.e., excluding clubs in the English Premier League) generated a combined revenue that exceeded €4.5 billion. At the same time, the soccer leagues in France, Germany ...
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The FATF report examines the sector in economic and social terms and provides case examples identifying areas that could be exploited by those who want to invest illegal money into football. In preparing this analysis, the authors engaged with some of the major sports organisations, such as FIFA, UEFA and the International Olympic Committee, in addition to relevant experts from FATF and non ...
