football clubs

Cyprus football clubs face frozen accounts over €1m tax debt

Tax Commissioner Soteris Markides has told APOEL, Anorthosis, Apollon and AEL to clear one million euros in new VAT...

State faces deadline on football clubs’ €5.3m tax debt decision

The government must decide within days whether to certify that major football clubs are complying with tax payment plans,...

Football clubs’ tax debts remain unresolved despite partial payments

Tax debts owed by several football clubs to the Tax Department remain unresolved, despite some clubs having paid part...

Football clubs must pay tax debts or face consequences, Minister says

Finance Minister Makis Keravnos made it clear on Thursday that football clubs with outstanding tax debts will receive no...

Football clubs await government decision on tax payment plans

Four top football clubs with tax debts exceeding €25.6 million are awaiting the government's next move after some made...

Football clubs race to settle tax debts as deadline looms

Cyprus's top-flight football clubs are scrambling to settle millions in tax arrears before a government deadline expires, with some...

Cyprus to overhaul sports fan clubs with new legislation

Cyprus is set to transform the regulatory framework for sports fan clubs through new legislation that places them directly...

Football clubs face prosecution over tax debts, UEFA sanctions loom

Four of Cyprus's top football clubs must pay hundreds of thousands of euros in tax arrears by March end...

Russian football club owner unveils plans for new Limassol stadium

The Russian owner of Freedom24 Krasava ENY Ypsonas has announced plans to construct a new 5,000-capacity football stadium in...

Tax office rejects football clubs’ debt proposal, refers case to prosecutors

A proposal by five major Cyprus football clubs to settle their mounting tax debts has failed to satisfy government...

Football clubs in tax debt muddle over €35m bill

The ministry of finance has requested detailed written proposals from five football clubs regarding their tax debt settlement plans...

Football clubs offer €1.3m down payment in tax settlement deal

Football clubs are awaiting the Finance Ministry's response to their proposal to pay one-third of new tax debts accumulated...

Tax authority to meet football clubs over €35.5m debt crisis

The Tax Commissioner will meet with representatives of major football clubs today to address unpaid taxes totalling €35.5 million,...

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