Clubs, Real Madrid, Spanish Primera División, Story, Xabi Alonso

Xabi Alonso played for Madrid between 2009-14.

Ex-Real Madrid midfielder Xabi Alonso says he is “not unrelaxed” about Spanish prosecutors asking for five years jail time in his long-running tax case.

Spanish prosecutors are seeking a five-year prison sentence, having accused the former Spain international of defrauding tax authorities of around €2 million by filing incorrect tax returns in 2010, 2011 and 2012, while he was a Madrid player.

Prosecutors also say a fine of €4m is due, in addition to the amount allegedly defrauded.

Alonso, 36, who retired last year after three seasons at Bayern Munich, was asked about the case while speaking at the II Bilbao International Football Summit (BIFS 18).

“In time I expect to show that all was done correctly,” Alonso replied. “I am not unrelaxed about that. Logically you have to look at things, but once the facts have been demonstrated, that must be respected.”

The alleged irregularities are related to Alonso’s income from image rights. Prosecutors are also seeking prison sentences, fines and restitutions for Alonso’s financial adviser, Ivan Zaldua Azcuenaga, and the administrator of his shell company, Ignasi Maestre Casanova. All those accused have denied wrongdoing.

The case against Alonso had initially been dismissed but was reopened in January.

Alonso sold his image rights in 2012 for €5m to an investment firm, Kardzali Comercio Servicos de Consultoria e Investimentos, based on the Portuguese island of Madeira. By receiving image rights income through companies, players can pay tax at the corporate income tax rate, which is much lower than the personal income tax rate that applies to their salaries.

Many players have been targeted by Spanish tax authorities in recent years, including Barcelona forward Lionel Messi, who two years ago was found guilty — along with his father — of defrauding authorities of €4.1m.

Other players investigated in Spain include Cristiano Ronaldo, Luka Modric, Marcelo, Alexis Sanchez, Ricardo Carvalho, Angel Di Maria, Javier Mascherano, Radamel Falcao and Fabio Coentrao.

Manchester United manager Jose Mourinho is also being investigated for the time he worked at Real Madrid.

Dermot Corrigan is a Madrid-based football writer who covers La Liga and the Spain national team for ESPN FC. Follow him on Twitter @dermotmcorrigan

Source link

Products You May Like

Articles You May Like

FIFA Club World Cup 2020 – News – Al Ahly conquer Africa, clinch Club World Cup ticket
Diego Maradona – The Argentine soccer great’s life in pictures
Maradona honoured by thousands in native Argentina amid clashes with police
Dynamo Kiev vs. Barcelona – Football Match Report – November 24, 2020
Chelsea vs. Tottenham Hotspur – Football Match Report – November 29, 2020

Leave a Reply

Your email address will not be published. Required fields are marked *