Breaking News

Marcelo has accepted a four-month suspended prison sentence and a €750,000 fine as part of a deal to settle a Spanish tax fraud case.[Details inside]

 The 30year old Brazilian star will be serving a two year jail term as he  becomes the latest figure to suffer z for
defrauding the tax authority.


Real Madrid defender Marcelo has
accepted a four-month suspended prison
sentence and a €750,000 fine as part of
a deal to settle a Spanish tax fraud
case, according to publication El Mundo.

The 30-year-old will not spend time in
prison, however, with Spanish law stating
that a sentence of under two years for a
first offence can be served on probation.

The Brazilian becomes the latest figure in
Spanish football to suffer sanctions for
defrauding the tax authority. Lionel
Messi exchanged his 21-month prison
sentence for a €250,000 fine, while
Cristiano Ronaldo had to agree to a two-
year suspended sentence and a €19
million (£16.9m/$22.15m) fine. Jose
Mourinho, Luka Modric, Javier
Mascherano and Angel Di Maria have
also cut deals with prosecutors.

Marcelo will appear in court on Tuesday
to plead guilty to charges of tax evasion
in order to avoid jail time and reduce the
fine. The Brazil international was
accused of evading the payment of €1m
after the transfer of his image rights to
a Uruguayan company called Birsen
Trade SA that he used to evade the tax
payment to the Spanish treasury.

The former Fluminense player admitted
to handing his affairs to a company that
“lacks the human and material resources
to carry out its functions”, and the
authorities ruled that he had evaded
taxes worth approximately €500,000.
The tax agency also accuses Marcelo of
evading the payment of €100,476 and
€101,615 in the years of 2011 and 2012
but this will only entail a sanction by
administrative way of about €150,000.

Taking the full fines and interest into
account, Marcelo will have to pay almost
€1m to free himself from legal trouble.

A four-time Champions League winner
with the Santiago Bernabeu outfit,
Marcelo joined Madrid in 2007 and has
since made over 450 appearances for the
club.

However, after Ronaldo’s summer move
to Juventus, the full-back has been
linked with a move to Serie A to reunite
with the Portuguese icon.






No comments

Blazeblogupdates