STOCK MARKET BSE NSE

Prosecutors not against replacing Barcelona striker Lionel Messi jail term with fine

Prosecutors in Barcelona say they are not against replacing Lionel Messi's 21-month jail sentence for tax fraud with a fine.

Published: 23rd June 2017 02:48 PM  |   Last Updated: 23rd June 2017 02:49 PM   |  A+A-

Barcelona striker Lionel Messi (File | AP)

By AFP

BARCELONA: Prosecutors in Barcelona say they are not against replacing football star Lionel Messi's 21-month jail sentence for tax fraud with a fine, a spokeswoman announced Friday.

They said they were willing to give the 29-year-old a fine of 400 euros ($450) a day for the duration of the sentence -- an option that the defence of the Argentina international has also proposed.

That would amount to more than 250,000 euros, although the court has the final decision over whether to go ahead with this option.

The daily fine would come on top of the 2.09-million-euro fine Messi was also given when he and his father Jorge Horacio Messi were found guilty of tax fraud in a trial last year and sentenced to 21 months in jail.

Both appealed, but Spain's Supreme Court last month confirmed the jail term for the Barcelona striker, although it reduced Messi's father's sentence to 15 months.

The pair used companies in Belize, Britain, Switzerland and Uruguay to avoid paying taxes on 4.16 million euros of Messi's income earned from his image rights from 2007-09.

The income related to Messi's image rights that was hidden includes endorsement deals with Danone, Adidas, Pepsi-Cola, Procter & Gamble and the Kuwait Food Company.

Messi is not the only football star to run into problems with Spain's courts, with Real Madrid striker Cristiano Ronaldo the latest to have been summoned to appear before a judge investigating tax fraud.

He is due to be questioned on July 31 on suspicion of evading 14.7 million euros in taxes.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp