Experience behind ElanTax Professional Sports Advisory

Professional sport experience with chartered accountancy discipline

Shakar Elahi FCCA spent five years with Mark McCormack’s IMG and has experience advising professional footballers who played in England. He later founded ElanTax, combining professional sports experience with tax, accountancy and business advisory expertise.

Five years with Mark McCormack’s IMG Experience advising footballers who played in England Founder of ElanTax and FCCA
01Professional sportFirst-hand exposure to the commercial, management and advisory environment surrounding professional sport.
02Football experienceExperience advising professional footballers who played in England.
03FCCA disciplineChartered accountancy, tax compliance and professional standards.
04ElanTax founderIndependent tax, accounting, business and financial-control support.
Professional sports and accountancy advisers discussing a client engagement
Sports experience informs the questions. Accountancy discipline governs the advice.ElanTax remains an independent tax and accounting adviser.

From professional sport to independent practice

An understanding of the sports environment combined with a clearly defined professional role.

Shakar Elahi FCCA spent five years with Mark McCormack’s IMG, gaining first-hand experience of the commercial, management and advisory environment surrounding professional sport.

He later founded ElanTax, bringing that background together with chartered accountancy, tax and business advisory expertise. The result is a practical understanding of how salary, commercial income, companies, property, overseas matters, family involvement and the wider advisory team can connect around a professional sporting career.

  • Awareness of the pressures, timeframes and changing income patterns within professional sport.
  • Experience advising professional footballers who played in England.
  • Independent accountancy, tax and financial-control support through ElanTax.
  • Defined coordination with agents, solicitors and regulated financial advisers.

Experience with clear boundaries

Relevant experience should strengthen professional judgement, not blur the adviser’s role.

ElanTax uses its understanding of professional sport to organise tax, accounts and financial control while remaining separate from representation, legal work, contract negotiation and regulated investment advice.

Principle 01

Historical experience is stated accurately

Five years with Mark McCormack’s IMG is a factual part of Shakar Elahi’s background and does not imply a current association or endorsement.

Principle 02

Accountancy remains independent

Tax treatment, accounts and reporting should follow the facts, records and applicable rules rather than commercial pressure or assumptions.

Principle 03

Professional roles remain separate

Agents, solicitors and regulated financial advisers remain responsible for representation, legal and authorised financial advice.

Principle 04

Confidentiality remains central

Financial information is shared with other advisers only where authorised and relevant to the agreed professional engagement.

How the experience informs the service

Professional sports understanding applied through tax, accounting and financial control.

The experience does not replace fact-specific advice. It helps ElanTax understand the context, identify the right questions and coordinate the accounting work around the client’s actual circumstances.

01

Professional Sports Environment

Understanding of the commercial, management and advisory environment surrounding professional sport.

02

Professional Footballers

Experience advising professional footballers who played in England, combined with current accountancy and tax support.

Professional footballer services
03

Salary and Commercial Income

Awareness that club employment income, bonuses, sponsorships, appearances and company income may create different reporting responsibilities.

04

Image Rights and Sponsorship

Tax and accounting support centred on commercial substance, proper agreements, evidence, valuation and compliant reporting.

Commercial income support
05

Companies and Business Structures

Accounts, Corporation Tax, VAT and financial reporting for genuine business and commercial activity.

06

Property and Commercial Structures

Tax and accounting support for property, rental income, companies, business interests, loans and guarantees.

Property and investment tax
07

International Movement

Coordination around UK residence, overseas income, arrival or departure matters and international transfers.

Support for overseas players
08

Career Transition

Support for former players moving into coaching, media, business ownership, property activity or retirement from professional sport.

Former player support
i
Historical experience statement

Five years with Mark McCormack’s IMG is part of Shakar Elahi’s professional background.

This statement is factual and historical. It does not imply any current association with, endorsement by or sponsorship from IMG. No IMG logo or related trademark should be used without written permission.

Experience translated into practice

What the background means for an ElanTax engagement.

Professional sports knowledge adds context, while the engagement itself remains governed by evidence, tax rules, accounting records and the agreed scope of work.

Experience areaPractical understandingElanTax role
Professional sportCareers can be short, mobile and commercially complex, with important decisions made under pressure.Organise tax, accounts, deadlines and financial information so responsibilities remain visible.
Footballer incomeSalary, bonuses, sponsorships, appearances, companies and property may sit alongside one another.Bring the records together and report each income source according to its true nature.
Commercial structuresContracts and labels must be supported by genuine activity, evidence and accounting records.Provide accounting and tax support while solicitors and agents remain responsible for legal and commercial negotiation.
Professional teamsPlayers may be supported by agents, solicitors, regulated advisers, family and business managers.Coordinate relevant information with authorised advisers without crossing professional boundaries.
Life after sportReduced or irregular income often requires a new business and financial structure.Support tax, accounts, companies, property activity and financial control through career transition.
Chartered accountant reviewing tax and financial records in a confidential advisory meeting
Relevant context. Independent advice. Defined responsibility.The sports background supports the engagement without changing ElanTax’s professional scope.

Founder of ElanTax

Combining sports experience with chartered accountancy, tax and business expertise.

After his professional sports experience, Shakar Elahi founded ElanTax to provide independent accountancy, tax and business support.

The Professional Sports Advisory service applies that combined perspective to the practical financial responsibilities faced by current players, former players, overseas sportspeople, families and professional representatives. The focus is compliant reporting, clear records, tax visibility and better coordination—not representation or product sales.

  • Independent tax and accountancy advice based on the client’s facts.
  • Business and company support for genuine commercial activity.
  • Property and financial reporting experience where relevant.
  • Collaboration with authorised agents, solicitors and regulated advisers.
A defined professional role

ElanTax advises on tax, accounting, business and financial control.

It does not provide player representation, contract negotiation, legal advice, regulated investment advice or wealth-management services.

Professional sports experience

A background that connects the sporting environment with accountancy discipline.

Shakar Elahi FCCA spent five years with Mark McCormack’s IMG, gaining first-hand experience of the commercial, management and advisory environment surrounding professional sport. He later founded ElanTax, combining that experience with chartered accountancy, tax and business advisory expertise.

Historical experience only. This wording does not imply any current association with, endorsement by or sponsorship from IMG.

5 yearsWith Mark McCormack’s IMG
FCCAChartered certified accountancy discipline
UKExperience advising footballers who played in England
FounderIndependent tax, accounting and business support through ElanTax

How experience informs the engagement

Context helps identify the right questions; evidence determines the advice.

Understand the sporting context

We discuss the client’s role, career stage, income sources, commercial activity and existing professional team.

Review the financial facts

Contracts, accounts, records, residence, companies, property and deadlines are reviewed within the agreed scope.

Define responsibilities

The roles of ElanTax, agents, solicitors, regulated advisers, family members and managers are kept clear.

Maintain ongoing control

Accounts, returns, forecasts and reporting are updated as income, contracts or career circumstances change.

Working with the wider advisory team

Professional sports experience with clearly maintained boundaries.

With the client’s authority, ElanTax can provide relevant tax and accounting information to the professionals already involved. Each adviser remains responsible for their own specialist role.

A

Agents and representatives

Agents remain responsible for representation, transfers, contracts and commercial opportunities. ElanTax remains responsible for the agreed tax and accounting work.

S

Solicitors

Solicitors remain responsible for legal advice, drafting and legal structures. ElanTax provides accounting and tax input based on the legal position.

R

Regulated advisers

Authorised advisers remain responsible for investment, pension, insurance and regulated financial advice. ElanTax supplies tax and accounting information.

F

Family and business managers

Where authorised, ElanTax can establish clear reporting and information flows for family members or managers involved in the client’s financial affairs.

Clear professional boundaries

ElanTax provides accountancy and tax advisory services. We do not provide regulated investment advice, legal advice, player representation or contract negotiation. Where appropriate, we work alongside agents, solicitors, authorised financial advisers and other professional advisers, with each adviser remaining responsible for their own specialist area.

Frequently asked questions

Questions about Shakar Elahi’s professional sports experience.

These answers describe the professional background and the scope of ElanTax’s services. They do not imply any current association with or endorsement by a former employer or sports organisation.

What the experience means in practice

The value is relevant context combined with independent accountancy discipline.

  • Understanding the commercial and advisory environment surrounding professional sport.
  • Recognising how multiple income streams and advisers may interact.
  • Keeping tax, accounting and financial-control responsibilities clearly defined.
  • Applying evidence, professional standards and compliant reporting to every engagement.
What professional sports experience does Shakar Elahi have?

Shakar Elahi FCCA spent five years with Mark McCormack’s IMG and gained first-hand experience of the commercial, management and advisory environment surrounding professional sport.

Has Shakar Elahi advised professional footballers?

Yes. He has experience advising professional footballers who played in England.

Does this page imply a current association with IMG?

No. The IMG reference describes historical professional experience only. It does not imply any current association with, endorsement by or sponsorship from IMG.

Can the IMG logo be used on the page?

No IMG logo or related trademark should be used without written permission. The same principle applies to club badges, league logos, player images, names and testimonials.

How does the sports experience benefit ElanTax clients?

It provides context for understanding career pressures, multiple income streams, commercial arrangements and adviser relationships. The actual advice remains based on the client’s facts, records and applicable tax and accounting requirements.

Does ElanTax act as a sports agent?

No. ElanTax does not provide player representation, negotiate contracts or act as a sports agency. It provides independent accountancy, tax, business and financial-control support.

Does ElanTax provide investment or legal advice?

No. ElanTax does not provide regulated investment advice or legal advice. Where appropriate, it works alongside authorised financial advisers and solicitors.

Can ElanTax work with an existing agent or adviser?

Yes. With the client’s authority, ElanTax can coordinate relevant tax and accounting information with agents, solicitors, regulated financial advisers and other professionals while each adviser remains responsible for their own specialist area.

Discuss professional sports tax and accounting support with ElanTax.

Arrange a private conversation about your career, income, companies, tax obligations and wider professional team.

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