TaxSep 20 2018

Rooney among investors in failed tax scheme

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Rooney among investors in failed tax scheme

A film partnership scheme which counted Wayne Rooney as one of its investors has folded, leaving those who used it with huge tax bills.

An application has been submitted to Companies House to strike the Invicta 43 partnership off the register but the former England footballer has reportedly yet to receive a formal tax demand from HM Revenue & Customs.

Mr Rooney, who now plays for Major League Soccer side DC United, was understood to have been one of 225 investors who put their money into the scheme to buy the rights to Hollywood movies Fred Claus and 10,000 BC.

A spokesman for Mr Rooney told the Daily Mirror: "Wayne has always paid all UK taxes in full and in accordance with the law of the time.

"He has also complied, as have thousands of other taxpayers, when retrospective rulings have been applied by HMRC."

Mr Rooney is reportedly earning £300,000 a week at DC United, making him one of the highest paid football players in the MLS.

He is reported to have invested about £12.5m in the film partnership scheme.

damian.fantato@ft.com