May 26, 2022 Latest Football News

Lionel Messi tax fraud prison sentence reduced to fine

The 21-month prison sentence placed upon Argentina and Barcelona star Lionel Messi has been been changed to a fine by Spanish Courts.

Messi, along with his father Jorge, was sentenced as guilty in the crime of defrauding Spain of €4.1m between 2007 and 2009. Both were charged with using tax havens in Belize and Uruguay to conceal earnings from image rights.

Although both were handed prison sentences, they were ever expected to serve time in jail as under the Spanish system in which prison terms of under two years can be served under probation.

But at present, the court said in a statement that the adjusted sanctions imposes a €400 fine for each of the sentence €252,000 upon the player.

His father’s 15-month sentence has also been replaced with a €180,000 fine.

The fine is placed on top of another fine Messi had paid at the time of his sentence, with his amounting to €2m and his father €1.5m. Both had also made a voluntary €5m “corrective payment”, equal to the alleged unpaid tax plus interest, in August 2013.

Messi also failed in his appeal against the sentence after it was rejected by Spain’s Supreme Court last month, but his father’s jail time was reduced because he had paid some of the taxes.

Nonetheless, the fine is not expected to hinder Messi’s finances after he had agreed upon a new £500k per week Barcelona contract until 2021, with Marca reporting an included release clause of €300m.

in My Blog
Banner
Related Posts

Malik-Shafiq Duo Demolishes England

April 12, 2020

April 12, 2020

Scoreboard: England 56 for 0 (Cook 39*, Moeen 15*) trail Pakistan 523 for 8 dec (Malik 245, Shafiq 107, Stokes 4-57) by 467...

Arsene Wenger: ‘hurtful’ supporters damaged Arsenal’s image

January 8, 2020

January 8, 2020

Arsenal manager Arsene Wenger has admitted that supporters campaigning for the manager’s removal had created a “hurtful” atmosphere that was...

Chelsea boss Antonio Conte would sign Tottenham’s £100m Harry Kane

January 8, 2020

January 8, 2020

Chelsea boss Antonio Conte said that he would sign Tottenham’s Harry Kane, who he believes is worth at least £100m...

England defeats Wales despite misfiring Ford

January 7, 2020

January 7, 2020

England: (10) 27 Tries: Burell, Watson, Youngs, Clifford Con: Ford Wales: (13) 13 Try: Evans Con: Biggar Pens: Biggar 2...

Spain recalls David Villa ahead of friendly against Italy

April 12, 2020

April 12, 2020

New York City striker David Villa is ready for a surprise return to the Spanish international football team after he...

Iker Casillas dropped from Spain International squad

April 12, 2020

April 12, 2020

New Spain manager Julen Lopetegui has excluded former captain Iker Casillas from his first squad. Casillas, 35, is Spain’s most...

Bayern rallies at Augsburg to secure sixth straight Bundesliga title

January 11, 2020

January 11, 2020

Bayern Munich rallied after going behind to wrap up their sixth consecutive Bundesliga title with a 4-1 win over Augsburg....

Final Euro group match round up: results and match predictions

April 14, 2020

April 14, 2020

Group A (Result)France vs Switzerland (0-0) Romania vs Albania (0-1) Armando Sadiku’s goal for Albania in the first half was enough for...

Controversial Ronaldo hat-trick ousts Bayern from Europe

January 9, 2020

January 9, 2020

Real Madrid eliminated Bayern Munich at the Champions League quarter-finals thanks to a controversial hat-trick from Cristiano Ronaldo which contributed...

Wolfsburg holds Bayern as dominant Dortmund stays top

April 14, 2020

April 14, 2020

Defending Bundesliga champions Bayern Munich faltered in their title defense once more after a 2-2 home draw against Wolfsburg. Bayern...

Everton suffers ugly Europa League defeat by Lyon at home

April 14, 2020

April 14, 2020

Everton’s poor start to season continued with a 2-1 defeat at the hands of Lyon in the Europa League, with...

Gerard Pique admits Spanish reign may be over

April 12, 2020

April 12, 2020

UEFA EURO 2016 Round of 16 Italy vs Spain (2-0) Italy progresses to the quarter-finals Gerard Pique admitted that Spain no...

NFL Sunday Highlight : New England Patriots vs New York Giants

January 7, 2020

January 7, 2020

New York Giants vs New England Patriots Team 1 2 3 4 OT Total NEP 7 3 7 10 0...

Barca signs Ousmane Dembele from Borussia Dortmund for initial €105m

April 12, 2020

April 12, 2020

FC Barcelona has completed the signing of Ousmane Dembele from Borussia Dortmund for an initial €105m. The deal, which has...

Dota 2 star Zai returns into the game after one-year hiatus

April 12, 2020

April 12, 2020

Prodigious Dota 2 player Ludwig “zai” Wahlberg has signed on with Romania-based Kaipi as a support player, a year after staying on...