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Ex-Liverpool winger Pennant in the money at Zaragoza

Submitted by tribalfootball.com on Sun, 07/12/2009 - 04:29

Former Liverpool winger Jermaine Pennant is in the money at new club Real Zaragoza.

The Mirror says Pennant has secured a "dream" move to Real Zaragoza after becoming the latest Premier League tax exile.

The former Liverpool winger, 26, has followed this summer's trend of snubbing England in favour of an amazing three-year contract in Spain.

Pennant will earn £45,000-a-week AFTER tax and be given a free villa and car as part of the package.

Spain's new rules mean tax is capped at 40 per cent and big earners can pay as little as 24 per cent tax if they exploit a loophole and acquire "foreign executive" status.

The tax rate is less than half of Britain's 50 per cent tax rate which has prompted Real Zaragoza to pick up Pennant's tax bill.

That allowed them to snatch Pennant ahead of AC Milan, Espanyol and Atletico Madrid, who were all keen to sign one of the most in-demand players in this summer's transfer market.

Any English club wanting to sign Pennant would have had to pay him £90,000-a-week to match the deal he is now getting at Real Zaragoza.

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Comments (4)

Submitted by Anonymous (not verified) on Sun, 07/12/2009 - 20:13.

Wow!! Low tax and a free villa to live in, good life for Jermaine Pennant!!!

Submitted by Anonymous (not verified) on Sun, 07/12/2009 - 14:54.

pennant is a cr*p player... 90K per week for him?
NOOOOOO!

Submitted by MICHAELCALI (not verified) on Sun, 07/12/2009 - 09:09.

Taxs problem will kill English football mark my word.

more comments

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Results & Fixtures

Matches

Home Away Score Time
Sat Feb 11th
Racing Santander Atlético Madrid 0 - 0 17:00
Osasuna Barcelona 3 - 2 19:00
Real Betis Athletic Club 2 - 1 21:00
Villarreal Granada - 23:00
Málaga Mallorca - 23:00
Real Madrid Levante - 23:00
Rayo Vallecano Getafe - 23:00
Real Sociedad Sevilla - 23:00
Valencia Sporting Gijón - 23:00
Espanyol Real Zaragoza - 23:00
Sun Feb 12th
Real Sociedad Sevilla - 00:00
Racing Santander Atlético Madrid - 00:00
Osasuna Barcelona - 00:00
Real Betis Athletic Club - 00:00
Espanyol Real Zaragoza 0 - 2 11:00
Rayo Vallecano Getafe 2 - 0 15:00
Málaga Mallorca 3 - 1 15:00
Valencia Sporting Gijón 4 - 0 17:00
Villarreal Granada 3 - 1 18:45
Real Madrid Levante 4 - 2 20:30
Mon Feb 13th
Real Sociedad Sevilla - 20:00
View All Matches

Tables

Team P W D L GD PTS
Real Madrid 22 19 1 2 54 58
Barcelona 22 14 6 2 47 48
Valencia 22 11 7 4 13 40
Levante 22 9 5 8 0 32
Espanyol 22 9 5 8 -1 32
Atletico Madrid 22 8 7 7 4 31
Malaga 22 9 4 9 -4 31
Osasuna 22 7 10 5 -9 31
Athletic Club 22 7 9 6 4 30
Rayo Vallecano 22 8 4 10 -5 28
Getafe 22 7 6 9 -7 27
Sevilla 21 6 8 7 -2 26
Real Betis 22 8 2 12 -6 26
Villarreal 22 6 8 8 -7 26
Mallorca 22 6 7 9 -9 25
Granada 22 7 4 11 -14 25
Real Sociedad 21 6 6 9 -7 24
Racing Santander 22 4 11 7 -8 23
Sporting Gijon 22 5 4 13 -23 19
Real Zaragoza 22 3 6 13 -20 15
View Full Table