HomeSportsCongress: Commanders might have damaged monetary legal guidelines

Congress: Commanders might have damaged monetary legal guidelines

The Washington Commanders cheated different NFL groups and season ticket holders out of cash with monetary practices that will have damaged the legislation, based on a letter despatched from the Home Oversight and Reform Committee to the Federal Commerce Fee.

“We’re writing to share proof of regarding enterprise practices by the Washington Commanders uncovered throughout the Committee’s ongoing investigation into office misconduct on the staff,” the letter reads, which was obtained and revealed by The Washington Put up. “Proof obtained by the Committee, together with emails, paperwork, and statements from former workers, point out senior executives and the staff’s proprietor, Daniel Snyder, might have engaged in a troubling, long-running, and probably illegal sample of economic conduct that victimized 1000’s of staff followers and the Nationwide Soccer League.”

The letter claims the Commanders withheld hundreds of thousands price of refundable safety deposits from season ticket holders for greater than a decade and took steps to stop prospects from amassing these deposits. The letter additionally claims the staff maintained “two units of books” to underreport sure revenues and keep away from sharing earnings with different NFL groups.



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