Bermuda Ties: Owners Of English Football Clubs
Saying that an investigation found that almost 75% of Premier League football clubs are based in offshore tax havens, and smaller teams also are based overseas, the Times Online mentioned two English football teams which are owned through Bermuda operations: Fulham and Ipswich Town
Fulham is owned by Mohamed al-Fayed [pictured] through a Bermuda company; Mafco Holdings. The 77 year old Egyptian is best known for being the owner of the iconic British department store Harrods which he sold recently for $2.2 billion, as well as the father of Dodi Al-Fayed, who was killed alongside Princess Diana in a 1997 car crash.
The oldest professional football team in London, Fulham contested the FA Cup final for the only time in their history in 1975, losing 2–0 to West Ham United. In 2010, Fulham reached the Europa League final, which they lost against Atlético Madrid in Hamburg.
Ipswich Town is owned through a Bermuda operation by Marcus Evans, a businessman who is notoriously elusive and often described as a “tax exile”. His business address has been listed as Clarendon House on Church Street, and it has been reported that the 15 companies in his name are all registered in Bermuda.
Ipswich Town plays in the Championship League, having last appeared in the Premier League in 2001–02. Ipswich won the league title once in 1961/2, won the FA Cup in 1977/8, and the UEFA Cup in 1980/1. Coincidentally, Bermuda footballer Reggie Lambe presently plays for Ipswich.
