This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
Dublin: 9 °C Friday 26 April, 2019

Real Madrid star accused of half a million euro tax fraud

Authorities believe Marcelo hid €490,917 earned from his image rights.

Marcelo has made over 200 appearances for Real Madrid in La Liga.
Marcelo has made over 200 appearances for Real Madrid in La Liga.
Image: SIPA USA/PA Images

SPANISH PROSECUTORS HAVE accused Real Madrid’s Brazilian left-back Marcelo of tax fraud totalling nearly half a million euros, a judicial source confirmed on Tuesday.

The tax authorities believe Marcelo hid €490,917 earned from his image rights using a network of shell companies outside of Spain.

According to court documents, Marcelo earned €1,168,764 from his image rights in 2013, which were ceded to a Uruguayan company but should have been declared to the Spanish authorities.

Marcelo 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.

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.

– © AFP 2017

Comments are closed as legal proceedings are ongoing

Subscribe to The42 podcasts here:

Leicester City have sacked manager Craig Shakespeare>

Here’s all you need to know about Ireland’s World Cup play-off opponents>

  • Share on Facebook
  • Email this article

About the author:


Read next: