TOBOR !
11-30-2008, 10:23 PM
... what it says on the tin.
If you read the article, you kind of get the impression that the Miami bid is already in, but yet also suspect that failure to reach some kind of deal with the US Feds may kibosh the deal outright (at least for the foreseeable future).
A tax exemption deal could become the next task on Spanish FC Barcelona’s to-do list. The club previously announced plans to establish a sister club in the Major League Soccer (MLS) in Miami, an endeavour that could bring in EUR 2 million annually.
However, Joan Olivé, General Director for FC Barcelona, is currently trying to secure a tax deal in the United States. If an agreement was not in place, club earnings would be subject to American tax deductions.
Although Olivé’s attempts have yet to find success, he remains confident that pursuing such an arrangement will produce benefits for the MLS, American football, and Barcelona’s new sister club, as reported in Goal.com. The newest team will be based in Miami, Florida, along with two football academies that will share the philosophy put forth by FC Barcelona.
In addition to its strong Hispanic population, Miami also boasts the University of Florida stadium, set to host the newest team’s home games. June 2008 marked the first time FC Barcelona offered a soccer camp in the United States, tailored to both girls and boys between the ages of 6 and 17. As part of the program, FC Barcelona coaches conducted training sessions and diplomas were awarded at the end of each week.
found here (http://www.eufootball.biz/Clubs/6417-barcelona_fights_for_american_tax_exemption.html)
If you read the article, you kind of get the impression that the Miami bid is already in, but yet also suspect that failure to reach some kind of deal with the US Feds may kibosh the deal outright (at least for the foreseeable future).
A tax exemption deal could become the next task on Spanish FC Barcelona’s to-do list. The club previously announced plans to establish a sister club in the Major League Soccer (MLS) in Miami, an endeavour that could bring in EUR 2 million annually.
However, Joan Olivé, General Director for FC Barcelona, is currently trying to secure a tax deal in the United States. If an agreement was not in place, club earnings would be subject to American tax deductions.
Although Olivé’s attempts have yet to find success, he remains confident that pursuing such an arrangement will produce benefits for the MLS, American football, and Barcelona’s new sister club, as reported in Goal.com. The newest team will be based in Miami, Florida, along with two football academies that will share the philosophy put forth by FC Barcelona.
In addition to its strong Hispanic population, Miami also boasts the University of Florida stadium, set to host the newest team’s home games. June 2008 marked the first time FC Barcelona offered a soccer camp in the United States, tailored to both girls and boys between the ages of 6 and 17. As part of the program, FC Barcelona coaches conducted training sessions and diplomas were awarded at the end of each week.
found here (http://www.eufootball.biz/Clubs/6417-barcelona_fights_for_american_tax_exemption.html)