Second Real Madrid star accused of tax evasion

The former Real Madrid star Xabi Alonso is facing a potential five-year jail sentence after Spanish authorities yesterday accused him of tax fraud.

The Madrid government’s prosecutors assert that Alonso owes nearly €2m in tax related to undeclared earnings, much attributed to image rights.

The former Spanish international played for Real Madrid between 2010 and 2012. The Spanish court is demanding Alonso repays the sum that was allegedly kept hidden from the tax office.

The Madrid court in charge of the investigation reopened the case in 2017, asserting that the allegations against Alonso had been “sufficiently substantiated”.

Alonso’s is the latest in a number of cases of tax fraud and professional footballers in Spain. Another Real Madrid player, Marcelo Vieira da Silva, was accused of €490,000 in tax fraud in a case dating from 2013.

And in February this year, Manchester United’s Alexis Sanchez was given a 16-month suspended jail sentence for tax fraud in return for avoiding a trial.

Christopher Copper-Ind
Christopher Copper-Ind is Editor of International Investment.

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