The High Price Tag and Tax Dilemma Surrounding Henderson’s Desired Move Back to the Premier League
After a short stint in Saudi Arabia, Jordan Henderson seeks to cut his stay short and return to the Premier League, facing a significant financial hurdle in the process.
Henderson’s move from Liverpool to Al-Ettifaq, joining Steven Gerrard, raised eyebrows six months ago. Now, multiple factors, including climate, lifestyle adjustment, and low attendances, have left the England international disillusioned with his Middle Eastern venture.
Al-Ettifaq paid a hefty £12 million transfer fee to secure Henderson and reportedly offered him a staggering £700,000 weekly wage. However, departing from Saudi Arabia within less than two years would incur a significant tax bill of £7 million due to the country’s flat income tax rate of 20 percent. This move would also mean forfeiting substantial earnings and tax-free status, which typically activates after a two-year tenure.
This swift turnaround contrasts sharply with Henderson’s initial enthusiasm when defending his move, emphasizing that financial motives didn’t influence his decision. He stressed the focus on football and building something special with Gerrard at the club, unrelated to monetary gains.
Reports suggest the 33-year-old is contemplating his options during the Saudi Pro League’s winter break, having voiced concerns to teammates about the situation.
Al-Ettifaq’s recent poor form, failing to secure a league victory since October and trailing the league leaders by 28 points, adds pressure to Henderson’s desire to seek a return to the Premier League.
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