How the secret tycoons buying up sport are about to face the limelight

Contributing sentiments towards policy:

41% : But CVC was unlucky with its timing, coming just as the pandemic hit the game like a torpedo, forcing premiership clubs to lean on loans provided by government and Sport England through the Sports Survival Package.
40% : The tax lawyer Dan Neidle points out that bankers receiving bonuses pay income tax at the full marginal rate of 47pc but private equity executives receiving carried interest are taxed at 28pc because of a questionable agreement that was struck in 1987 between the British Venture Capital Association, the Inland Revenue, and the Department of Trade and Industry.

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