Wednesday, 6 July 2016

BARCELONA FOOTBALL STAR LIONEL MESSI HAS BEEN SENTENCED TO 21 MONTHS IN PRISON OVER A TAX FRAUD CASE IN SPAIN.


Barcelona football star Lionel Messi has been sentenced to 21 months in prison over a tax fraud case in Spain.

However, the striker - generally considered the best in the world currently - is unlikely to face any time in jail as a term of under two years in duration, for a non-violent offence, usually results in a period of probation under Spanish law.

The court in Barcelona found the Argentina player and his father, who handles his financial affairs, guilty of three offences.

Jorge Messi was also handed a 21-month prison term and fine of €1.7m (£1.4m). 

His son, who is understood to earn £26m in annual salary under his current club contract alone and is said to be worth at least £240m, was told to pay €2m (£1.7m).

Play video "Lionel Messi Arrives At Court"

Video: Lionel Messi Arrives At Court
Both men have the right to take their sentences to appeal. 

They were accused of using tax havens in Uruguay and Belize to hide more than £3m in earnings from image rights from the Spanish tax authorities.

The 29-year old footballer told his trial he knew nothing of how his money was managed and admitted signing documents without reading them.

He told the court last month: "The truth is no, the truth is no, I didn't know.

"As my dad explained earlier I just dedicated myself to playing football, I put my trust in my father, in the lawyers who had decided to manage this thing."

Messi's lawyers said he never examined a series of contracts between 2007 and 2009 which dealt with the income from image rights with companies including Adidas, Pepsi-Cola, Danone, Procter and Gamble, Banco Sabadell and the Kuwait Food Company.

He made a voluntary payment of £3.8m in August 2013 to cover unpaid tax and interest.

Messi - who has been voted World Player of the Year five times - confirmed his international retirement in the run-up to the verdict after Argentina crashed to a defeat against Chile in the final of the Copa America



Isaac Nobenz

No comments:

Post a Comment

Comments system

Disqus Shortname

I am Isaac Mandu Nobenz from Ikot Abasi LGA. A prolific Educationist and a sound gentle man.