Yeah, that's why I said there seems to be the work around with a third party like a law firm through which the double taxation is avoidable. Since I'm not a lawyer I can't really say anything about the details of how these deals are done but that generally seems to be an acceptable way of taking care of these buyout clauses.Surely this release clause tax thing is a bit of an internet myth? It’s been done several times, and no club in their right mind would transfer £100m into a footballer, who is not contracted to them’s, bank account. It’s obviously not the way it works.
Also, I’m very sceptical that even if they did transfer it to his account, and he then moved it on the his club 20 mins later, he would be taxed on it anyway. Surely everyone knows what his job is, it is not ‘income’, there is no invoice, he is not the employee of the buying club and has rendered no services. Would be difficult to claim that is ‘taxable income’.