Sport

Mourinho accused of tax evasion

Mourinho accused of tax evasion”

Mourinho, now the Manchester United manager, led Inter to a Serie A, Coppa Italia and Champions League treble in 2009-10 before assuming control at the Santiago Bernabeu.

Spanish prosecutors said on Tuesday that they had filed the claim against Mourinho on two counts of tax fraud from 2011 and 2012.

Last week, Cristiano Ronaldo was accused by prosecutors in Spain of defrauding Spanish authorities of $16.4 million in tax between 2011 and 2014.

"To this date, neither the Spanish tax authorities, nor the public prosecutor have contacted Jose Mourinho or his advisers who were hired for the inspection process", read a statement from his representatives.

Madrid's regional state prosecutor has alleged the Portugal player "intentionally" did not declare income of €28.4m related to image rights, and declared €11.5m of earnings from 2011-14 when his real income was nearly €43m.

According to media reports Ronaldo is unsettled at Madrid because he believes Real did not back him as fully as he had hoped in his dispute with the taxman.

A statement released on his behalf said he "has not received any notification". He is under official investigation and will have to appear in the Pozuelo de Alarcon court No. 1 on July 31.

In Ronaldo's case, the former Manchester United winger is accused of having diverted some €150m of advertising revenue through a shell company in the British Virgin Islands.

"From now on it will be the judge in charge of the case who will take the necessary steps to determine the possible responsibilities of Mr Mourinho".

The 54-year-old is yet to comment on the accusation.

Under Spanish law, a first-time offender is not required to serve time in jail for a sentence below two years.

Barcelona footballer Lionel Messi was given a 21-month sentence previous year, which he is unlikely to serve, for having defrauded the national purse of 4.1 million euros of undeclared image rights earnings.



Like this

Latest


24 June 2017
The Capital Fund Management SA Reduces Position in AngloGold Ashanti Limited (AU)
The stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) earned "Sector Perform" rating by RBC Capital Markets on Monday, April 24. Large investors have recently modified their holdings of the company. 36 funds opened positions while 51 raised stakes.

24 June 2017
Warmbier death: N. Korea accuses US of 'smear campaign'
The United States, South Korea and others often accuse North Korea of using foreign detainees to wrest diplomatic concessions. Rodman said he wished to "give all the prayer and love" to the Warmbier's family, adding "I didn't know that he was sick".

24 June 2017
Eaton Vance Corp (EV) Moves -0.80%
The asset manager reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.02, RTT News reports. The stock of Brown-Forman Corporation (NYSE:BF.B) earned "Outperform" rating by Credit Suisse on Friday, September 16.

24 June 2017
Nasa finds 10 more Earth-like planets
Of these, 49 are thought to be habitable - meaning liquid water can pool on the surface and life may be able to thrive. It's also the final catalog from the spacecraft's view of the patch of sky in the Cygnus constellation.

24 June 2017
US rig count rises this week by 8, to 941
The number of rigs hunting for oil and gas across the nation rose to 941 this week, up from a record low of 404 in May 2016. Its two rigs not in the Permian Basin were located in San Juan County in the northwestern part of the state.

24 June 2017
Yankees Put Up Football-like Numbers in 13-Run Victory
NOTES: Baltimore 3B Manny Machado missed his fourth consecutive game with a sore left wrist. "I was focused on the game at hand". However, I don't think there are a lot of pitchers that want to face the red-hot Aaron Judge right now. "Me and everybody else".

24 June 2017
Lonzo Ball recruits LeBron James to Lakers
The Lakers are expected to draft Ball No. 2 tonight, and rumors are heating up about LeBron leaving the Cavaliers in 2018. The soon-to-be rookie made a free-agent recruiting pitch to James on Wednesday during an appearance on ESPN's "The Six".

24 June 2017
Chevron (NYSE:CVX) Receives Downgrade From Macquarie. Will Other Analysts Follow Suit?
John Tompkins increased its stake in Five Below Inc (FIVE) by 3669.91% based on its latest 2016Q4 regulatory filing with the SEC. Evercore ISI restated an underweight rating on shares of Chevron Corporation in a research report on Monday, February 27th.

24 June 2017
Senator Cantwell's plan to stop Republican health care bill
The bill would replace its individual insurance coverage with new subsidies and requirements and cut federal funding for Medicaid. Dean Heller became the fifth GOP senator to say he would not support the measure in its current form.

24 June 2017
Toshiba Will Pay To Finish Nuclear Reactors In Southern United States
In the interim, then, the agreement has been extended until June 22 so that they can continue to incorporate the new agreement. Again, the first Toshiba Corporation payment is due in October; so there is still time to make new headway.