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Hearts Admin Part 3: HMRC owed £1.75m for Kaunas Loans for Unpaid PAYE/NIC, Shonky Share Offer, Un-issued Shares

What would the ‘Sporting Integrity’ mob say about a football team using foreign loan players, evading PAYE/NIC to the HMRC then getting out of pay that bill: Between 2005 – 2010, Hearts used loan players from Lithuanian club, FBK Kaunas to play in the Scottish division.  In 2012, HMRC warned Hearts it wanted £1.75m for the … Continue reading