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The tax authorities demand $4.5 million from Fernando Santos. FPF comes to the defense of the national coach – Atualidade



The tax authorities demand $4.5 million from Fernando Santos.  FPF comes to the defense of the national coach - Atualidade

The Internal Revenue Service (AT) is demanding that Fernando Santos, the national football coach, pay more than 4.5 million euros to the IRS. The news published by Expresso explains that contracts between the coach and the Portuguese Football Federation (FPF) are at stake, namely the exercises of 2016 and 2017, when the coach received almost 10 million euros from the Federation, having declared and paid the IRS. for an annual salary of 70 thousand euros.

According to the tax authorities, the way in which the coach received and declared his income through a sole proprietorship was artificial and was mainly aimed at reducing taxes.

A few months before Fernando Santos was introduced as the new national selector, he set up Femacosa, where he became managing partner. Thus, the coach did not enter into an individual employment contract, and the Federation hired this company to provide services to both the coach and his assistants.

The two years mentioned correspond to the victory of Portugal in the European Championship, which brought the said company a turnover of about 10 million euros. According to Expresso, 2.5 million euros were transferred to other companies created by MPs.

The breeder’s salary will be paid to him by Femacosa as managing partner and will be 5 thousand euros per month (70 thousand euros per year).

For the tax office, Femacosa has no real content and was created to reduce the tax burden of its main partner in this business, Fernando Santos. If the coach had received an individual employment contract, he would have been placed in a higher income group by the IRS, paying a higher amount of tax. Based on this work, the tax authorities took advantage of the general anti-abuse clause, disqualified the company for tax purposes and demanded another 4.5 million euros in IRS and interest from the selector, discloses To express.

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Femacosa was founded on January 14, 2014. It is a consulting company in the field of trade, import, civil engineering and other activities.

The team’s Euro 2016 campaign went well and the FPF extended the contract by four years. With this extension, Femacosa became eligible for a €750,000 subscription premium.

Over the years, the company has retained and accumulated profits without distributing dividends, and by the end of 2020 (latest available data) reached a net worth of 17.6 million euros.

In 2018, new players appear in Femacosa. The sons, son-in-law and daughter-in-law of Fernando Santos become minority partners, while the national coach retained part of the quotas.

Em joint statement, the Portuguese Football Federation (FPF) and Fernando Santos condemned what they called “a gross and clearly truncated violation of the right to fiscal secrecy,” the statement said. “Fernando Santos not only doesn’t owe a cent to the tax authority, but he has never stopped settling his situation in accordance with the provisions of the law,” adds FPF.

Fernando Santos filed an appeal with the Arbitration Court in the person of Morais Leitao, who has accompanied him since at least 2014.

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″I couldn’t leave without winning this award″



″I couldn't leave without winning this award″

Statements from Otavio, the player of FC Porto, who this Monday received the Golden Dragon as Footballer of the Year.

Speech: “I thought and I didn’t say anything that I thought. It happened by itself, I’m very happy, I was looking for [o prémio] a lot of time. I saw others, I couldn’t leave without winning this prize. Thank God I won and now it’s time to make the most of it.”

Did you tell the President that you want the Golden Dragon? “I never commented, asking for an award was not my style, it was deserved, I was very happy, many could have won. I am very happy”.

Feeling: “This is something to be proud of, this is the best person in the club, everyone wants to win, this will go down in history. It will be kept under lock and key in the museum that I have. It will get worse.” , nothing will come of it, it will be well stored.

Gala: “It’s always great, because of covid-19, the gala concert has not been held for many years. It is always special, everyone wants to be part of the gala concert. Being a dragonado, he is even more special. We did a good job and this is proof.”

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″Most competitive costume required, Pepe’s costume″



″Most competitive costume required, Pepe's costume″

Statements by Sergio Conceiçao after receiving the Golden Coach of the Year award at the Golden Dragons Gala

Golden Dragon cost: “I represent many people in this Golden Dragon. The first time I went to Olival with the president in 2017, he named the four essential pillars of FC Porto: rigor, competence, ambition and passion. Looking at it and being with it every day. My players, who don’t usually wear a formal suit as they do today, but the most competitive suit that is required, which is Pepe’s suit, give me great joy when I get up and go to work.”

Technical team and others: “With a super competent technical team, a health department, where there is not only Dr. Nelson Puga and therapists, but also an optometrist, pedologist, a number of people who work daily so that the players do not miss anything. and so that year after year they can get better and win, which is what we want.”

Techniques: “Victory. Not forgetting the people in the kitchen, in the restaurant, the people involved in analysis and observation, the equipment technicians, because today everyone is a technician… [risos]🇧🇷 Lawn techniques too, because I am very picky about the height of the lawn. I think that every detail is important and matters. Finally, a number of people who contribute to making this possible. This is not mine, this belongs to the people of Olival, who are always led by our great, my friend and godfather, the president.”

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A family: “Finally, to paraphrase our Gonzalinho [Borges], I want to dedicate it completely to my family, which is not easy, and parents, as always. Not being among us, they will certainly be very proud, not least because they have received two more extremely important people in the life of the club and that together they are up there watching us so that FC Porto becomes bigger , was getting better. , become stronger and win. And let’s keep it up. Is always. Because we deserve it. We are also honest, serious, dedicated and competent workers.”

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BALL – Enzo and Otamendi: world champion exceptions (Argentina)



BALL - Enzo and Otamendi: world champion exceptions (Argentina)

Portuguese football has reason to rejoice as two more world champions will enter the national stages, the first to win the title as part of the Portuguese team, the only ones on the field yesterday, in Qatar, among 35 players who play in one of the top five leagues in the world, so called big 5.

Enzo Fernandez, 21-year-old midfielder, and Nicolás Otamendi, 34-year-old central defender, played 120 minutes for Argentina. would advance to the Argentine penalty as Montiel quickly put an end to doubts – and represented not only Benfica in the list of clubs of great prestige, but also a league of lesser expression, such as the Portuguese, the only one of the less media and powerful ones that had players in the final.

Neither in the starting lineup (see tables), nor in the 13 options used by the coaches – Montiel (Sevilla), Pezzella (Betis), Acuña (Sevilla), Leandro Paredes (PSG), Lautaro Martinez ( Inter) and Dybala (Roma) entered Argentina, from the French side they were also called Disasi (Monaco), Conate (Liverpool), Fofana (Monaco), Camavinga (Real Madrid), Kingsley Coman (Bavaria), Muani (Eintracht) and Thuram (Borussia). M’gladbach) – if they found other players who didn’t play in the leagues of England, Spain, Italy, France or Germany, that’s a clear sign of where the money and power come from to attract great players.
Some, like Enzo and Otamendi, are just over the top.ig 5 – if the midfielder was already in vogue among the richest in Europe, followed by Liverpool and Real Madrid, among others, now that he has won the World Cup and the best young player trophy in the competition … – but they shine enough to guarantee yourself a place in the best team in the world.

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