Former England international John Barnes has spoken candidly about his long-running battle with HMRC, insisting he is working hard to repay his tax liabilities despite what he calls misleading reports in the press.
The ex-Liverpool and Watford winger, who was the first £10,000-a-week footballer in the top flight, told All Things Business – The Podcast that he has been paying HMRC for the past eight years after suffering heavy losses from poorly advised investments.
Since 2017, Barnes says he has repaid around £2.2 million and continues to pay £10,000 each month under arrangements agreed with the tax authority.
Speaking to host Ben Thomas, Barnes admitted he was badly burned financially after trusting advisers during his playing days.
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