Many Newcastle United fans have been talking about Keith Downie’s latest tweet that emerged on social media.
Sky Sports journalist Downie recently tweeted about how HM Revenue & Customs have now delivered a formal notification regarding the dropping of a four-year tax investigation against Newcastle United.
Will this have any impact on the takeover?
Yes
No
This investigation pertained to the club’s transfers of players like Papiss Cisse, Demba Ba and Moussa Sissoko in the past. The club’s Managing Director Lee Charnley was actually arrested back in 2017 regarding the same issue.
Downie’s tweet about the news drew the attention of many Newcastle fans, who made their views clear about the update.
What did Newcastle fans make of Downie’s tweet?
“This could be good for the takeover.”
The Magpies have been under HMRC investigation since 2017 and the authority had the rights to impose financial penalties on the club if they were found guilty. Charnley was questioned about the club’s transfer activity in 2017 but was later released without any charges (as per Chronicle Live).
The club had received claims from HMRC regarding alleged underpayment of tax and national insurance and the amounts were assessed by the authorities.
“This has to have something to do with the Takeover surely. Better get digging Keith could be something brewing. Wonder if HMRC are now looking at the big six now that would be funny.“
Credit: @T1mSk3och
“Awaiting someone saying this is another duck in the row for #NUFCTakeover.”
Credit: @DamianPearce89