Modric latest La Liga player to be accused of tax fraud
BARCELONA: Real Madrid midfielder Luka Modric has been accused by Spanish prosecutors of tax fraud of up to 870,728 euros ($ 1 million) in image rights in 2013 and 2014, a court filing showed on Wednesday.
The Croatia international is the latest La Liga player to be caught up in a recent clampdown on tax fraud by the Spanish authorities, who have a l so investigated Modric’s team mates Cristiano Ronaldo, Marcelo and his former coach Jose Mourinho among other high profile players.
Modric and hi s a gent we r e not immediately available for comment. The i nve s t i g at ion a l s o includes Modric’s wife and a limited company based in Luxemburg, Ivano S.A.R.L. The court filing from the prosecutor for the region of Madrid said Modric signed a contract in December 2012 ceding his image rights to Ivano, which received p ayment s o f 552,485 euros in 2013 and 729,000 euros in 2014. Mo d r i c ’ s boot sponsor Ni ke p a id Ivano 729,000 euros over those two years, ac c or d i n g to the statement. The filing said Ivano is a “false” company, “created with the only purpose of channelling the player’s image rights and avoiding tax”.
The Spanish tax authorities added it has asked Spanish courts to contact the authorities of the Isle of Man to hand over details of Modric’s accounts there after discovering their existence, which could increase the amount the player is accused of defrauding.
Modric, 32, joined Real Madrid from Tottenham Hotspur in 2012 for 40 million euros and has won a La Liga title, a King’s Cup and three Champions Leagues with the club.
In July, Real’s all-time top scorer Cristiano Ronaldo appeared in court in an investigation over evading 14.7 million euros in tax. The investigation is ongoing.
Last year Barcelona’s Lionel Messi was found guilty of fiscal fraud to the tune 4.1 million euros and was given a suspended sentence of 21 months which was exchanged for a fine. — Reuters English Premier League table after Wednesday’s matches ( played, won, drawn, lost, goals for, goals against, points): Man City Man Utd Chelsea Arsenal Liverpool Burnley Tottenham Watford Leicester Brighton Southampton Newcastle Everton Huddersfield Bournemouth Stoke West Brom West Ham Swansea Crystal Palace 14 13 1 0 44 9 40 14 10 2 2 32 8 32 14 9 2 3 25 11 29 14 9 1 4 28 16 28 14 7 5 2 28 18 26 14 7 4 3 14 11 25 14 7 3 4 22 12 24 14 6 3 5 24 25 21 14 4 5 5 19 20 17 14 4 5 5 13 14 17 14 4 4 6 14 17 16 14 4 3 7 13 19 15 14 4 3 7 17 28 15 14 4 3 7 9 24 15 14 4 2 8 12 16 14 14 3 4 7 16 29 13 14 2 6 6 12 21 12 14 2 4 8 12 30 10 14 2 3 9 7 16 9 14 2 3 9 8 25 9