Premier League star hit with huge £300K tax bill after losing court battle - as his company goes into liquidation

Oleksandr Zinchenko has lost a court battle with HM Revenue & Customs ( HMRC ) and has been hit with a £300,000 tax bill as a result.

The Ukrainian defender, who is on loan at Nottingham Forest from Arsenal , was slapped with an order by the HMRC due to outstanding corporation tax.

The Sun have also reported that he has been slapped with a second bill of £35,000, courtesy of his accountants.

The details were revealed after the 28-year-old, formerly of Manchester City , put his company, Alex Zinchenko Image Rights (OZIR), into voluntary liquidation towards the end of August.

Zinchenko is on a reported £150,000-per-week salary at parent club Arsenal, and has had an extremely successful career in England, which has spanned nine years.

The earnings he has brought in from his career, which has taken him from Manchester to Nottingham, are channeled through OZIR.

Oleksandr Zinchenko has been ordered to pay £300,000 by HMRC after losing a court battle

The Arsenal defender, who is on loan at Nottingham Forest, could cover the cost in near enough two weeks with his £150,000-per-week salary.

HMRC previously went to the High Court in an attempt to collapse Zinchenko's business, and in February, the Ukrainian's representatives settled the case by agreeing to pay the outstanding sums of money. However, the amount of money has never been disclosed.

Zinchenko's three-year stay at Arsenal has been put on pause after he made a late deadline day switch to Forest last week.

However, in a shock turn of events, the defender, who can also play in midfield, has been left out of the club's Europa League squad by manager Nuno Espirito Santo.

UEFA rules require four such players to be named, and clubs that fall short see their squad reduced by the same number. In Forest's case, that leaves them with a 22-man squad.

That restriction has forced Forest to leave out £37.5million midfielder Omari Hutchinson and deadline-day loan signing Zinchenko.

Goalkeeper Angus Gunn, defenders Jair Cunha and Cuiabano and forwards Jota Silva and Taiwo Awoniyi are also not included.

Other summer arrivals such as Dan Ndoye, Dilane Bakwa and Douglas Luiz have been named. Forest can make up to three changes between the group stage and the knockout rounds.

Players under the age of 21 who have been at the club for two years, such as Zach Abbott, are eligible for the separate List B and do not count towards the quota.