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Sports / Football

Court goes ahead with Messi tax fraud case

Published: 28 Jul 2014 - 10:30 pm | Last Updated: 28 Jan 2022 - 08:37 pm

MADRID: A Spanish court yesterday rejected public prosecutors’ request to drop charges of tax fraud against four-time world footballer of the year Lionel Messi and ordered the probe to go ahead.
The Barcelona forward and his father, Jorge Horacio Messi, were accused last year of not paying 4.16m euros ($5.58m) in tax on earnings from the player’s image rights from 2007-2009 through the creation of a web of shell companies in Belize and Uruguay.
Both Messi and his father denied wrongdoing and pointed the finger instead at a former agent of the player when they were quizzed at a court in Gava, the Barcelona suburb where the player lives, in September 2013.
Based on the Messis’ testimony, public prosecutors called for the case to be shelved but the court yesterday ruled that Messi “could have known and consented” to the tax fraud and the prosecution of the case should go ahead.
Messi is the fourth richest sportsperson in the world, according to a ranking published in June by Forbes business magazine.
He moved up to fourth from 10th place in just a year with an annual income of just under $65m, it said.
He earns just over $40m a season in salary and bonuses, according to the magazine, as well as about $23m from sponsors
The magazine placed Messi behind boxer Floyd Mayweather, Real Madrid footballer Cristiano Ronaldo and basketball player LeBron James.
Between 2007 and 2009, Messi earned more than 10.17m euros in image rights.
Despite the court case, Messi continues to lead advertising campaigns for brands like Adidas and video games maker EA Sports.
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