Aguero

[little dave hedgehog]

roughly same reason he would come to us?

[SB]

roughly same reason he would come to us?

Kenny's not their Manager

[Norbs]

roughly same reason he would come to us?

Is he not a Liverpool fan though? That carries a tiny bit more weight, plus the Premiership being a superior league to play in.

But yeah, roughly the same

[Nick77]

Is he not a Liverpool fan though? That carries a tiny bit more weight, plus the Premiership being a superior league to play in.

But yeah, roughly the same

Those are the points in our favour - the main stumbling block in my opinion is wages. He would either have to take a huge pay cut to join us or we'd have to pay him a small fortune to get even close to what he's getting now because of the tax implications in the UK compared to Spain...

[JHP]

Those are the points in our favour - the main stumbling block in my opinion is wages. He would either have to take a huge pay cut to join us or we'd have to pay him a small fortune to get even close to what he's getting now because of the tax implications in the UK compared to Spain...

People keep stating the differences in taxes between the UK and Spain. I know that in the UK tax for high earners is 50%, and that in Spain it's ~48% (24% state tax and ~24% local tax). So not a material difference.

Some have said that artists (with footballers being classed as artists) pay lesser tax in Spain, which may be true. The devaluation of the pound versus the Euro will have had an impact on wages but I've not yet seen anything convincing that clearly sets out that a footballer pays less tax in Spain.

Would those that make the statement as fact please say why they are so convinced. I'm prepared to believe but have not yet seen the evidence.

[Fierce]

Do foreigners pay local tax? I didn't think they did, hence it being far more lucrative because non nationals only pay state tax. Or rather, those very high earning non nationals anyway

EDIT: Beckhams Law, apparently!

http://en.wikipedia.org/wiki/Beckham_law

Under the Spanish tax law individuals who spend 183 days or more during a tax year in Spain are normally deemed tax resident. Temporary absences are ignored when determining residency unless a person can prove that he is a habitually resident in another country. Thus, footballers coming to Spain would automatically have become Spanish tax resident on the day count rule (over 183 days) and as Spanish residents would have been liable to Spanish tax on a worldwide basis.

However the Royal Decree 687/2005 modifies this law with respect to wealthy foreign workers. To ease the tax burden and to attract the likes of Beckham and top executives, the government introduced amendments to the definition of tax residency.

On June 10th, 2005 the Spanish government approved Royal Decree 687/2005 implementing the Personal Income Tax regulations in relation to article 9.5 of the Spanish PIT Law. The "Beckham law", as it is commonly known, regulates the procedure to apply for the new Spanish tax regime for expatriates in force since January 1, 2004.

The change of legislation allows an individual who has relocated from another country to Spain the choice of being taxed as a Spanish resident or as a non-Spanish resident. The choice applies in the year of arrival to Spain and continues for the following five years. By electing to be non-resident, one can limit their liabilities to Spanish taxation to Spanish income and assets only and not on a worldwide basis. Thus under Spanish Non-Resident Income Tax rules they may avoid tax on their worldwide income for a period of up to six tax years provided that certain conditions are met.

Should such a choice be made, the expatriate will be subject to Spanish taxes on their Spanish source income and on their assets located or exercisable in Spanish territory, being subject to a flat 24% tax rate on his salary income instead to the progressive tax scale for resident individuals (ranging from 24% up to 43%) during the year of acquisition of the Spanish tax residency and the following 5 consecutive years. Note that the taxpayer gets no personal allowances or other deductions from gross income (e.g. for mortgage costs) under this option and thus for lower earners it does not always result in a lower tax burden.

Although, seems to have been scrapped now, so maybe there is very little difference after all:

In November 2009 it was reported that the law was under review, and foreigners entering Spain after 1 Jan 2010 would not be able to benefit in the same way as prior.

[Exiled_red]

The second quote says that the law was scrapped for people who arrived after Jan 1st 2010, this wouldn't apply to Aguero as he arrived before.

[kev776]

would cost us about 200k a week to just = his wage at Madrid

[Norbs]

[GTi]

Signing for Juve, done deal apparently, some guy just said on the radio. We can sign him when he hits his peak in a couple of seasons.

[Chazza]

Paddy Agnew (Word soccer Journo in Italy) has just said on Talksport that its a done deal for Augero to join Juve

Be amazed if that happens

Edit - Apparently Sky Italia and Tutto are claiming 20mil and Sissoko

[IN_RAFA_WE_TRUST]

Almost crashed when i heard that, felt like bangin my head against the steering wheel.

[Roboklopp]

Hardly surprising, but disappointing if/when we dont get him.

[IN_RAFA_WE_TRUST]

I also believe just like someone had posted on here, that if we had signed him, The title would be ours.

[Shaggy]

kin Juve, why the **** would any top player go and play over there? Corruption, dilapidated, empty stadiums....WTF?