Football clubs were caught off guard by the Tax Commissioner’s response regarding their tax debts. Mr. Markides simply carried out what the law requires.
The football companies, accustomed to questionable practices from the past, had expected another directive from on high, as had happened for years, with the government once again covering for them by granting them yet another free pass.
Specifically, they were waiting for the Finance Minister to give them another exceptional certificate stating they met UEFA’s criteria.
They also expected a revision of the debt repayment scheme that has been in place since 2023, despite most clubs failing to comply with it.
However, their plans were thwarted by the Tax Department, which did nothing more than the obvious – simply doing its job. Had everyone historically done the same, the clubs wouldn’t have accumulated tax debts amounting to €35.6 million.
The time for excuses is now over. The Tax Department is preparing dozens of indictments against club directors and chairmen who failed to meet their obligations, and in the coming days, these will be forwarded to the Law Office to determine criminal prosecution.
Meanwhile, some clubs continue to act brazenly, taking no action to salvage what they can despite being under intense scrutiny.
Apart from Paphos FC, which has expressed its intention to settle its debts, none of the other clubs with substantial debts have made any gesture of goodwill.
The Government has made it clear to the clubs that the ball is now in their court, essentially calling on them to pay their debts to participate normally in the scheme running since 2023.
The clubs need to understand that complying with their obligations is in their best interest. This would not only settle their debts but also increase their revenue through the rise in betting tax to 5%.
The time for excuses has passed, despite the Cyprus Football Association’s vice president Haris Loizides recently expressing his displeasure about the public disclosure of indebted football clubs.
While he claimed the media should respect the clubs, these same clubs seem to show little respect for the majority of citizens who consistently meet their state obligations.
It’s high time certain mindsets changed and people realised they’re not above the law. Fortunately, no electoral process is scheduled soon, as that might have changed the dynamics. Politicians wouldn’t have dared to challenge club supporters for fear of losing votes.
Thus far, the Government appears to be rising to the occasion and not yielding to pressure. This sends a clear message that all citizens are treated equally and no one gets special treatment.
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