Bulgaria Top Football Clubs Rocked by Tax Evasion Scandals
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Eight of the top football clubs in Bulgaria owe the State over BGN 8 M in taxes.
Among them the biggest debtor is the CSKA football club with over BGN 2 M owed to the National Revenue Agency (NRA), the TV channel bTV reported Thursday.
The other seven football teams involved in large-scale tax evasion are "Litex," "Locomotive Sofia," "Locomotive Plovdiv," "Beroe," "Belasitsa," "Botev," and "Marek."
The State institutions are yet to officially confirm the information and name the clubs.
The NRA agents have found out that football clubs committed fraud by listing fake loses of over BGN 3 M and that reporting the football players' salaries of BGN 220 (the country's minimum monthly wage) is common practice.
Checkups of football players for discrepancies between their reported income and the property they own are pending.
The football club "Levski" reportedly paid all its taxes as announced by their President, Todor Batko
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