The Press Complaints Commission (PCC) has rejected Wayne Rooney’s claims that a Sunday Times article on footballers' tax avoidance was inaccurate.
In January the paper ran the headline: "Top footballers dodge millions in income tax: Rooney pays 2% on some earnings".
The article claimed that Rooney had saved almost £600,000 by receiving £1.6m from Manchester United in loans rather than taxable income over two-years.
Rooney had argued the headline was inaccurate and misleading because the loans were subject to corporation tax of 28%; were paid back the following year; and it was impossible for anyone to pay 2% tax on their earnings.
Following the PCC judgement last week, KinsellaTax Investigations published an article explaining that current tax laws entitle football players to receive a loan from their club through a limited company – meaning they pay just 28% in corporation taxes, rather than 50% in income tax.
About Robert Lovell
Business and finance journalist