Previous
Swansea City
Manchester City
0
2
LIVE 46'
Game Details
Liverpool
West Bromwich Albion
0
0
LIVE HT
Game Details
Manchester United
AFC Bournemouth
1
0
LIVE 45' +2'
Game Details
Tottenham Hotspur
Brighton & Hove Albion
1
0
LIVE 45' +2'
Game Details
West Ham United
Arsenal
0
0
LIVE 45' +1'
Game Details
Al-Jazira
Real Madrid
1
2
FT
Game Details
Bayern Munich
FC Cologne
0
0
LIVE 58'
Game Details
AC Milan
Hellas Verona
2
0
LIVE HT
Game Details
Strasbourg
Paris Saint-Germain
1
2
LIVE 41'
Game Details
Celtic
Hamilton Academical
3
1
LIVE 45'
Game Details
Hibernian
Rangers
1
1
LIVE 45' +1'
Game Details
Flamengo
Independiente
11:45 PM UTC
Leg 2Aggregate: 1 - 2
Game Details
Next
EspanyolEspanyol
GironaGirona
0
1
FT
Game Details

Tax fraud case against Bayern Munich's Xabi Alonso dropped

Spain will not pursue a tax fraud case against Xabi Alonso.

A Spanish judge has dropped a tax fraud case against Bayern Munich midfielder Xabi Alonso.

Alonso had been under investigation by the Spanish authorities since 2014 for alleged tax evasion involving his image rights.

According to El Confidencial newspaper, a prosecutor asked a judge to investigate the 35-year-old, claiming there was evidence that Alonso had defrauded the tax office of €2 million from 2010-12.

Alonso was one of a number of players investigated by Spanish tax authorities for their use of companies created to hold and manage their image rights.

By receiving income through these companies the 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.

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.

Alonso, who joined Real Madrid from Liverpool in 2009 and played for the Spanish giants until June 2014 before moving to Bayern Munich, denied any wrongdoing.

A statement from the judge in a Madrid court as reported in El Confidencial stated that Alonso had fulfilled his fiscal obligations and said: "There is no concealing from the part of Mr. Alonso, with the Tax Office fully aware of the holders and the income derived from the possession of shares of Kardzali.

"We cannot see any conduct of fraud from his [Alonso's] part but only a pure and simple use of a solution he found more advantageous within the fiscal options thanks to the expertise of his advisors.

"Madeira is no way a fiscal tax haven even though it is recognised as having an advantageous tax system.

"It has become something common with elite sportsmen and there is nothing wrong with selling their image rights to a company for its exploitation with the aim of obtaining tax advantages."

Adriana Garcia is a Valencia-based football writer who covers La Liga for ESPN FC.

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.