29.1 C
Delhi

Samuel Eto’o handed a 22-month prison sentence for tax fraud

Former Chelsea and Barcelona forward Samuel Eto’o has been hit with a 22-month suspended prison sentence and a fine for tax fraud. The Cameroonian legend has pleaded guilty with prosecutors to avoid going to jail, and will not serve any time as per the laws in Spain for non-violent crime. 

The prosecutors said that Eto’o failed to declare the amount earned from the transfer of image rights between 2006 and 2009. He had transferred his image rights to a company in Hungary, where the tax rate is very low. They declared his earnings in that country, and as a result, didn’t pay the Spanish tax authorities the amount they were actually due. 

Samuel Eto’o punished for image rights fraud 

However, the Cameroonian football board president was actually the true holder of the image rights. The transfer was fraudulent and only in place to evade taxes. 

“I admit the facts and I am going to pay what I’m due, but let it be known that I was a just a child then and that I always did what my former agent Jose Maria Mesalles, who I considered like a father, asked me to do at that time,” Samuel Eto’o told the court

- Advertisement -TechnoSports-Ad

The 41-year-old will pay a fine worth €1.8 million for his offence, while his former agent will pay €700,000. Mesalles has also been given a 12-month suspended prison sentence for his involvement in the tax fraud. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Arsh Das
Arsh Das
A music enthusiast, also passionate about football and bringing you the latest in the sporting world every day.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Jassim Bin Hamad Al Thani net worth: How much is the Manchester United bidder valued at?

Qatari Sheikh Jassim Bin Hamad Al Thani, the chairman of the Qatar Islamic Bank, has placed a bid to take over Manchester United. He...

FIFA World Cup: Which is the most expensive edition of the tournament? Check out the top 8

The 2022 FIFA World Cup had ended on 18th December, 2022. Over the years, it has gained a reputation of being not only the...

The Top 5 Most Valuable U23 Indian Footballers

Most valuable U23 Indian footballers: Indian football is seeing the rise of some very prolific youngsters right now. And with the development of the...

Top 10 most expensive Manchester United players of all-time

Top 10 most expensive Manchester United players of all time: When it comes to English football, Manchester United are by far the biggest club...