North East Tory MEP and Newcastle fan, Martin Callanan, thanked the French President, Francois Hollande, for his prohibitive tax rates (up to 75%!) that he believes may have helped United’s recruitment policy in France.
“I’m a fan of Newcastle United and I am delighted to tell you that we have signed five new fantastic French players in the last month.
I don’t know whether your new 75% tax rate has had anything to do with their enthusiasm to leave France and come to Newcastle…if it did though, I’d like to say on behalf of all Toon fans, “Merci Beaucoup Monsieur Le Presidente!”.
We have already brought you reports from France on this issue and how the prohibitive tax rates are believed by French football fans to be driving out some of their best players; including Debuchy, Mapou and Sissoko, with only the moneybags PSG able to pay enough to overcome the tax problem.
Indeed as we’ve already reported, the French media believe that Yohan Cabaye ended up four times better off when he came to Newcastle thanks to the combination of higher wage levels in English football and the tax issues.
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