Goals Soccer fraud reveals more debt

Goals Soccer Centres has warned that a black hole in its accounts could be “materially higher” than the £12m it had previously disclosed as it officially de-listed from London’s Aim stock market. But today it said that “due to the identification of improper behaviour on the part of a small number of individuals historically within the company” it cannot accurately state how much it owes HMRC “The actual liability may be materially higher than that previously announced dependent on the approach and working assumptions that could be adopted by HMRC in assessing the misdeclaration,” it added.    A tribunal may be required to decide how much Goals owes in unpaid taxes, the business told investors today.

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