Both Newcastle United and West Ham Club were raided by Her Majesty Revenue and Customs. The raid came after a thorough investigation into player transfer dealings into the clubs. HMRC investigates West Ham United Football Club for the misleading transfer allegations and former Managing Director of Newcastle has been arrested.
Reports suggest, both London Stadium and St. James’ Park were under the warrants, and the former Newcastle Director, 39-years-old Charnley, has been taken in custody.
The former Managing Director has been the main gear fro Mike Ashley’s region on the Tyneside, also running the club and was being very much responsible for the team-first recruitment. He largely distributed out a total net spend was around £70 million in the year of 2016.
He commented on the club’s recruitment planning last month, the club recruitment strategy, following relegations, it was just to make more recognisable investment within our playing team in terms of preparation for the European Football League Championship season before and our yearly salary bill is, we trust, still top and beyond many of the current other Premier League clubs.
The investigation and arrest would be a Hugh blow for the Magpies, when they are flying well high after their return to the English Premier League on last Monday when they won over Preston.
According to HMRC, they have arrested several men who were working within the area for the possible suspect of income tax and national insurance fraud.
Around 180 HMRC officers are working in the case and they are all working across the United Kingdom and also in France today. Investigators have made search in some properties in both South East and North East of England, they also arrested the men and captured large business records, computers, financial records and electronic device such as mobile phones.
HMRC said, the French authorities are assiting to this investigation.