UK Tax Strategy FY26
This document sets forth WME Group (formerly known as Endeavor)’s Tax Strategy and approach with respect to the United Kingdom, in compliance with Schedule 19 of the Finance Act 2016. This document is applicable to the legal entities listed in the Appendix.
This Tax Strategy is effective for the year ending 31 December 2026, will be updated as required by the Act, and will remain posted on a website of a member of WME Group’s tax group, as required by the Act.
Background
WME Group is a global network of businesses that represents the world’s leading talent, intellectual property and brands, operating in nearly 20 countries. WME Group is committed to ensuring compliance with applicable tax laws and regulations in the jurisdictions in which it operates.
We comply with organizational policies and act within the industry’s ethical and professional standards, as well as comply with recent reporting standards introduced by the OECD, such as Pillar 2.
We conduct transactions between WME group companies on an arms-length basis and in accordance with current OECD (transfer pricing) principles. We are compliant with country-by country reporting standards that are shared via an automatic exchange of information.
We comply with UK tax laws including filing of tax returns and remittance of appropriate taxes.
Our approach to tax planning
Consistent with its responsibilities under applicable laws (including but not limited to the UK Criminal Finance Act 2017), and under Endeavor’s Code of Conduct, we are strictly prohibited from engaging in conduct intended to evade taxes or to facilitate any third parties in the evasion of taxes.
We will not participate in any tax shelter arrangement or any similar tax planning determined to be aggressive.
We do not engage in artificial or contrived tax arrangements. We adhere to relevant tax law and seek to minimize the risk of uncertainty or disputes wherever possible.
As a policy, we will not engage in tax planning strategies or take tax positions that would expose WME Group to unexpected or unwanted financial or reputational risk. Any tax strategies that are implemented reflect commercial reality and adhere to all tax laws and guidelines where WME Group operates.
The UK group’s approach to tax risk
The Group has little appetite for tax risk and as noted above, continues to operate in a manner which reflects this with respect to both tax planning and tax compliance.
Our approach towards working with HMRC
We have an open and on-going relationship with HMRC, interacting with the tax authority primarily through its Customer Compliance Manager. WME Group values the importance of cooperative and truthful sharing of information where required by law and continues to work with HMRC as part of the Large Business Directorate to ensure it pays the correct amount of tax at the right time.
Risk management and governance arrangements in relation to UK taxation
Endeavor was a public company until 24 March 2025, when its acquisition by Silver Lake was completed. Following the sale, Endeavor began branding itself as WME Group. The Financial Leadership Team, including the Group’s Tax Counsel and led by the Chief Financial Officer, is responsible for WME Group’s tax profile. In the UK, a dedicated team of appropriately qualified and experienced tax personnel is responsible for the day to day management of tax. The ongoing education and training of tax personnel is encouraged. Advice is sought from external advisors where appropriate.
Appendix – Companies covered by this Statement
BSI Speedway Holdings Ltd (in liquidation)
BSI Speedway Ltd (in liquidation)
Challenger World Ltd
Clifford French Ltd
Done and Dusted Ltd
Done and Dusted DJ Ltd
Done and Dusted Productions Ltd
Done and Dusted UAE Ltd
Done and Dusted X Ltd
Fame Factory Holdings Ltd
IMG Expedition UK Limited
International Management Group (UK) Ltd
Montagu Events Limited
Quintus Events Ltd
Quintus Group Ltd
Quintus Management Ltd
SBI Group Ltd
Sponsorship Bureau International Ltd
Tennis Legends Ltd
The London Triathlon Ltd
William Morris Endeavor Entertainment (UK) Ltd