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March 9, 2022
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The ‘tax haven’ of players who make the leap to Europe

El 'paraíso fiscal' de jugadores que dan el salto a Europa

Several world-class players, such as Alex Sandro, Rulli, Willian José, Allan or Calleri, have a peculiarity in common little known. All the names mentioned above, were once part of CD Maldonado Uruguayan, yes, without ever disputing a single minute none of them. This is due to a market strategy that hhas found a loophole in the FIFA regulations, which serves so that everyone wins, except organization.

CD Maldonado works as a bridge club for all these players with projection, who take the leap from South America to Europe. The strategy is simple and at the same time complex: ‘El Depor’ buy a little more expensive of what the original club had in mind, and sell a little cheaper than the acquiring club planned. After this, comes the question: How is it possible for everyone to win?

The answer to this question is in the tax rate. All clubs, when making a transfer, must pay fees to the agencies, which are different depending on the coefficient of the competition in each country. According to the FIFA ranking, Uruguay is located in the lowest levelso the clubs are obliged to pay a much lower percentage of taxes, and that’s where profits are made from this transaction.

The strategy to make the investments profitable

The management of CD Maldonado follows very clear guidelines, acquire players with the potential to make the leap to Europe for a fee, and in a matter of minutes, a ‘resale’ is made with a club with which it is sensed, there was a pre-agreement unofficial to carry out the movement, or they make several loans of a player over the years, as a ‘soccer player rental’ that make the payment profitable after a series of seasons in European football.

Really the club works as an investment group, something vetoed within FIFA after a series of practices in the past, that the body tries to stop everything. In the case of Maldonado, FIFA cannot find a way to ban this strategy, due to tax laws of the country, and Deportivo Maldonado has been structured very well, and it really works like a normal club, despite the fact that the objectives are not the same. After all, Deportivo Maldonado In FIFA’s eyes, it is a club that buys and sells, but does not use.

Who is behind CD Maldonado?

The club is a Sports Limited Company (SAD) owned by a business group with roots in Brazil and the United Kingdom. Within this group, personalities such as Malcom Caine, part of the representation group that leads Gareth Baleand Graham Shear, one of the people splashed in the fraudulent transfer of Tévez to West Ham. They both know each other from the world of racehorse Business, from where they left in 2009 to become owners of this Uruguayan team that at that time played in the second division.

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