Source: Eurosport
Storrie charged with tax evasion
Portsmouth chief executive Peter Storrie was formally charged with tax evasion on Wednesday.[LNB] Prosecutors accused him of concealing a signing-on fee for Amdy Faye by paying it into the midfielder's bank account.[LNB] Storrie will appear at City of Westminster Magistrates' Court on November 16, a spokesman for HM Revenue and Customs Prosecution Office (RCPO) said.[LNB] The charge relates to the transfer of midfielder Faye from Auxerre to Portsmouth for £1.5 million in August 2003.[LNB] It was alleged that Faye was paid a £250,000 signing-on fee on which tax and national insurance was not paid.[LNB] The charge alleges Storrie cheated the "public revenue" between July 1 2003, and August 12 2005.[LNB] It claimed the money was paid into the account of agent Willie McKay, who has also been questioned by police.[LNB] Storrie vowed to clear his name two weeks ago when he was informed of the decision to prosecute him.[LNB] He issued a statement insisting he will defend himself in the "strongest possible terms" and is confident he will be exonerated.[LNB] Mr Storrie has been on bail since being arrested in November 2007 on suspicion of conspiracy to defraud and false accounting.
