5 Minute News

Charges Against Football Company Directors for Tax Debts

January 15, 2025

The Tax Department is preparing charges against over 100 current and former directors of football companies, who owe a total of €35.5 million in taxes. The charges relate to the period from July 1, 2007, to March 31, 2023. Additionally, APOEL is facing overdue payments of €2.3 million to the Social Insurance Department and has only made a small payment so far. Many football teams have been excluded from the repayment plan due to non-compliance with tax obligations.