Filenews 18 July 2025 - by Eleftheria Paizanou
The strict recommendations, suggestions and ultimatum given by the Tax Department to the football clubs of the first division, which began to comply with their tax obligations, took place.
After the series of the previous months with their debts to the state and the reintegration of APOEL, Apollon, Anorthosis and Ethnikos Achnas into the government's debt settlement plan, all the teams participating in the settlement were consistent for the first time in several months, with their obligations.
Specifically, they paid the instalment determined by the competent department for the month of June and at the same time some of those who in the previous months were not consistent with their obligations also submitted post-dated cheques until the end of the year, so that payments would be made immediately and without delay.
They will pay in full in twelve years
The four unions in question, after their reintegration into the plan, will have to repay all their debts in 145 instalments (one has already been paid) over a period of twelve years.
It is recalled that the initial plan of 2023 provided for the payment of 168 instalments with a repayment horizon of 14 years, i.e. until 2037.
The total tax debts of all groups to the state exceed €30 million while the debts to the Social Insurance exceed €10 million.
Only for the payment of the debts to the Tax Department, based on the new plan they made, APOEL will have to pay €75,000 every month for a period of 12 years.
His total tax debts amount to €11.6 million. while his debts to the Social Insurance Fund were €4.3 million, for which eleven executives of the team were brought to justice.
APOEL has paid a small part of its debts to social insurance.
Apollon paid €26,000 last month. for the payment of their total debts to the Tax Department amounting to €3.8 million. The full payment of Apollo's tax debts through the plan will take place in twelve years. Apollon's debts to social security are estimated at around €2.5 million.
Last month, Anorthosis had paid an instalment of €22,000 for the payment of tax debts of €3.2 million. And Anorthosis has overdue debts to the Social Insurance Fund of around € 1 million. Former and current members of the council have been prosecuted for the case.
At the same time, Ethnikos Achnas paid €8,000 in June, an amount that it will pay every month for a period of twelve years, in order to repay all its tax debts, amounting to €1.2 million. And Ethnikos Achnas has debts to social insurance.
Paphos, Aris and AEL have been unravelled
In relation to the rest of the football companies that did not create new tax debts in the previous months, they normally pay the instalments they agreed in May 2023.
Paphos has fully repaid its debts to the Tax Department of €1 million. In fact, a few days ago, the Council of Ministers approved the granting of tax deductions, as it did with other unions.
And Aris Limassol has repaid his debts to the Tax Department amounting to €435,000 and awaits the relevant approvals from the Council of Ministers.
The AEL club has paid all its debts to the Tax Department, while the AEL company has been included in the plan for the settlement of overdue tax debts in instalments.
The competent department had previously proceeded with the criminal prosecution of former executives of the AEL company.
