Keyword: EIC

How Renault and PSA Peugeot Citroën secretly hiked global cost of spare parts by €1.5bn

By
Carlos Ghosn, left, the CEO of Renault, and Carlos Tavares, chairman of the board at PSA Peugeot Citroën. © Reuters Carlos Ghosn, left, the CEO of Renault, and Carlos Tavares, chairman of the board at PSA Peugeot Citroën. © Reuters

Confidential documents obtained by Mediapart and the European Investigative Collaborations (EIC) show that the French car makers Renault and PSA Peugeot Citroën artificially inflated the already high cost of spares parts for motorists around the world. The manufacturers made use of a special software to increase the prices by an average of 15%. It is estimated the practice cost consumers  around 1.5 billion euros over nearly ten years. Yann Philippin reports.

Lionel Messi, his 100 million-euros-a-season deal and his 'tax saving' charity

By and Raphaël Buschmann, Michael Wulzinger et Nicola Naber (Der Spiegel)
Hundred-million-a-year-man: Lionel Messi after a cup match against Celta Vigo on January 11th, 2018. © Albert Gea/Reuters Hundred-million-a-year-man: Lionel Messi after a cup match against Celta Vigo on January 11th, 2018. © Albert Gea/Reuters

Barcelona's star Lionel Messi has become the first footballer in the world to be on a 100-million-euros a year contract, according to documents supplied by whistle-blowing platform Football Leaks and revealed by Mediapart and other members of the journalistic consortium European Investigative Collaborations (EIC). They show that the Argentine player signed a four-year deal with the Catalan club worth more than 400 million euros to keep him at the club until 2021. Mediapart and the EIC can also reveal that Messi's club Barcelona helped him pay millions of euros in back taxes in relation to his children's charity after they were advised that some club donations to it should have been classified as salary payments. Yann Philippin, Rafael Buschmann, Michael Wulzinger, Nicola Naber (Der Spiegel) and Paula Guisado (El Mundo) report.

The Panama connection in Cristiano Ronaldo's tax affairs

Real Madrid star Cristiano Ronaldo denies trying to evade taxes. © Reuters Real Madrid star Cristiano Ronaldo denies trying to evade taxes. © Reuters

Footballer Cristiano Ronaldo is threatening to leave Spain if its justice system proves too troublesome for him over his tax affairs. The Real Madrid star, who faces an investigation into alleged tax evasion, insists that he has acted in good faith and says that all his fiscal arrangements were authorised. To back this claim, he and his advisors point to the fact that the authorities in England had no problem with his fiscal set-up when he played for Manchester United. But according to new documents from the whistle-blowing platform Football Leaks, and revealed here by Mediapart, there are now question marks over this line of defence. Michaël Hajdenberg and Yann Philippin report.

Football Leaks: what they revealed about 'the beautiful game'

By Michael Hajdenberg, Michel Henry, Yann Philippin
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Throughout December, Mediapart and its 11 partners in the journalistic consortium European Investigative Collaborations (EIC) have published a catalogue of revelations about the corrupt practices in football, including tax evasion and money-laundering on a vast scale, and involving some of the best-known players, managers and agents in the game. The disclosures came from documents supplied by the whistle-blowing platform Football Leaks, and expose a startling state of affairs on and off the pitch. At the end of this long series of reports, which have now  prompted a judicial investigation in France, Michael Hajdenberg, Michel Henry, Yann Philippin summarise the principal findings of the EIC and review the surprisingly timid reactions of the regulating authorities of the world’s most popular sport.