Skip to main content

Modric accused of tax fraud

Real Madrid midfielder Luka Modric became the latest football star in Spain accused by prosecutors of committing tax fraud on revenue from his image rights, a court filing revealed on Wednesday.

Prosecutors believe the Croatian, whose wife Vadja is also cited in the accusation, evaded €870 728 in 2013 and 2014 via a shell company set up in Luxembourg.

However, that figure could rise once details of financial holdings belonging to the player in the Isle of Man are revealed to Spanish authorities.

Modric, 32, joined Madrid from Tottenham Hotspur for a reported fee of £30 million in 2012.

He is just the latest in a series of star players based in Spain to be accused of tax fraud on income related to image rights in the past few years.

On Tuesday, Madrid left-back Marcelo admitted to a €490 917 tax fraud via his image rights in 2013.

As part of Marcelo's agreement with the authorities, the Brazilian is expected to be handed a four-month suspended sentence and a fine worth 40 percent of the defrauded amount.

Real Madrid's all-time leading scorer Cristiano Ronaldo appeared in court in July over accusations he evaded €14.7 million worth of tax between 2011 and 2014.

Barcelona duo Lionel Messi and Javier Mascherano received 21-month and one-year suspended sentences respectively after being found guilty of tax fraud over their image rights in 2016.

However, five-time World Player of the Year Messi's sentence was later replaced by a €252,000 fine.

Comments

Popular posts from this blog

Kenyan Law Court dismisses case of man seeking compensation after his wife eloped with another man from hospital

  A lawsuit filed by a man seeking to be compensated by St Mary's Mission Hospital in Kenya for allowing his wife to leave the hospital with another man after giving birth, has been struck out by a law court.    The appellant had sued the St. Mary's Mission hospital at Kakamega law courts in 2020 seeking general damages from the facility on grounds that the hospital had discharged his wife and allowed her to leave with another man. After delivering and at the time of discharge, the wife of the appellant claimed he was the baby's father.   The court of appeal judges Patrick Kiage, Mumbi Ngugi and Francis Tuiyott sitting at the Kisumu Court of Appeal, empathized with the man, but disagreed that he (the appellant) be compensated by the hospital for not detaining his wife.  They upheld the lower court's judgement which added that there's no remedy that lies in the law for such grievances.   Kiage said;   "I agree that if a man takes the woman he loves to t...

Hurricane Hits Texas, One Person Reported Dead

Hurricane Harvey hit Texas as a Category 4 storm on Friday, battering the coast with 130-mph winds and torrential rain. It was the strongest hurricane to hit the United States in more than a decade leaving a massive destruction, loss of electricity, wrecked buildings and has so far killed at least one person. Scroll down to see more pictures of the incident:

Floyd Mayweather backs out of fight with 20-year-old kickboxer after receiving bashing from 50 Cent and others

American professional boxer, Floyd Mayweather, has dramatically made a U-Turn and won't be fighting 20-year-old Japanese kickboxer,Tenshin Nasukawa anymore for his comeback fight. The 41-year-old had initially confirmed the bout for 31st of December 2018 during a press conference which took place on Sunday night in Tokyo. It was also understood that he revealed that he signed with Japanese mixed martial arts promotions company RIZIN Fighting Federation. After the announcement, his enemies, 50 Cent, Conor McGregor and many others blasted him for agreeing to fight a younger kickboxer. Taking to his Instagram account this night, Mayweather denied he agreed to an official bout with Tenshin Nasukawa. He wrote:  Now that I am back on U.S. soil after a long and disappointing trip to Tokyo, I now have the time to address you, my fans and the media in regard to the upcoming event on December 31st that was recently announced. First and foremost, I want it to be clear that I, F...