Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Diego Costa gets €540k fine for tax fraud

Written by 
Published in Soccer
Thursday, 04 June 2020 04:39

Atletico Madrid forward Diego Costa has been handed a six-month prison sentence and a €543,208 fine for tax fraud -- although under Spanish law he will not serve jail time.

Costa, 31, pleaded guilty in a Madrid court on Thursday morning to evading €1.1 million in taxes on his image rights.

- Stream ESPN FC Daily on ESPN+ (U.S. only)
- Lowe: La Liga stars get back to work

The charges relate to 2014 -- the Spain international signed for Chelsea from Atletico in July of that year -- and a complex set of deals assigning his image rights to a series of foreign companies.

Costa paid tax authorities the outstanding amount in full last year and will pay the €543,208 penalty on top of that.

His prison sentence has been replaced by an additional fine, as is customary in Spain for jail terms of under two years.

"Diego Costa reached an agreement a few months ago with the prosecutor and has already paid the corresponding fine plus interest and the request for a prison sentence was withdrawn," an Atletico spokesman told Reuters on Wednesday.

"This week it is expected that an agreement will be ratified in court, as is mandatory."

The striker is the latest player to fall foul of Spanish authorities over tax evasion on image rights, with a number of high-profile cases in recent years.

In January 2019, Cristiano Ronaldo agreed to hand over a total of €18.8m in fines and taxes and was given a 23-month sentence, substituted for another €365,000 payment.

Barcelona captain Lionel Messi was given a €2m fine and a 21-month jail term -- later replaced by an additional €500,000 -- in 2017.

Other notable cases have involved Luka Modric, Marcelo, Radamel Falcao, Angel Di Maria and Javier Mascherano.

Xabi Alonso, one of the few players to fight charges after refusing to strike a deal, was acquitted of tax fraud last November, although prosecutors have appealed.

Information from Reuters was used in this report.

Read 352 times

Soccer

Mo Salah glum on Liverpool future: 'More out than in'

Mo Salah glum on Liverpool future: 'More out than in'

EmailPrintOpen Extended ReactionsMohamed Salah has said he is yet to receive a formal contract offer...

Galaxy hit 6 to rout Loons; Sounders next in West

Galaxy hit 6 to rout Loons; Sounders next in West

Gabriel Pec, Joseph Paintsil and Dejan Joveljic each scored twice -- with one goal in each half -- a...

Amorim: United set for long period of suffering

Amorim: United set for long period of suffering

EmailPrintOpen Extended ReactionsRúben Amorim said Manchester United will have to "suffer for a long...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Sources: Hornets' Williams out for rest of season

Sources: Hornets' Williams out for rest of season

EmailPrintOpen Extended ReactionsCharlotte Hornets forward Grant Williams sustained season-ending te...

'Phenomenal' Pippen Jr. shines in dad's ex-arena

'Phenomenal' Pippen Jr. shines in dad's ex-arena

EmailPrintOpen Extended ReactionsScotty Pippen Jr. already had plenty of fond memories of watching h...

Baseball

Woodward returns to Dodgers as first-base coach

Woodward returns to Dodgers as first-base coach

EmailPrintOpen Extended ReactionsLOS ANGELES -- Chris Woodward has been named first-base coach by th...

Carty, 1970 NL batting champ with Braves, dies

Carty, 1970 NL batting champ with Braves, dies

EmailPrintRico Carty, who won the 1970 National League batting title when he hit a major-league-best...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated