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NEW CHAIRMAN AND MANAGER FOR LEYTON 02/02/2010
Following his custodial sentence last week, Costas Sophocleous has had to stand down as chairman of Ryman League Division One North club Leyton.
Sophocleous (pictured) has been jailed for more than eight years over a £16 million VAT scam involving ‘phantom’ houses.
Former chairman and manager Sophocleous, 52, and two others, fraudulently claimed VAT for ten years through a fake building company specialising in new housing developments.
The three claimed millions in VAT rebates for the cost of homes that were never built.
Following an investigation by HM Revenue & Customs, Sophocleous was sentenced for eight years and six months at Isleworth Crown Court last Friday after admitting fraud at an earlier hearing.
Leyton board member Barry Abbott confirmed that the chairman has stood down and has been replaced by former vice-chairman Tony Hardy.
He said: “We are moving forward as ever and last week completed putting in 500 seats in the Wembley stand, so there are no problems with the club. We have moved on from what has happened.”
The club also have a new manager in former player Malcolm Dannie, who has also turned out for the likes of Ilford and Enfield Town.
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