Spain prosecutor accuses Falcao, Coentrao of hiding millions

SOCCER-SPAIN-TAX:Spain prosecutor accuses Falcao, Coentrao of hiding millions

MADRID ( Reuters) - The Spanish prosecutor in Madrid said on Tuesday it had filed a lawsuit against soccer players Radamel Falcao and Fabio Coentrao, accusing them of hiding almost 7 million euros ($7.7 million) from the tax office between 2012 and 2014.

Falcao, a Colombian who plays for Atletico de Madrid, has been accused of failing to properly declare a total of around 5.6 million euros earned from image rights.

Portugal's Coentrao, who plays for Real Madrid, is accused of failing to correctly declare almost 1.3 million euros, also earnings from image rights.

Real Madrid declined to comment. Neither Atletico or the two players' agents were not available for comment.

($1 = 0.9044 euros)

(Reporting by Raquel Castillo; Writing by Paul Day; Editing by Larry King)

(This story has not been edited by economictimes.com and is auto–generated from a syndicated feed we subscribe to.)
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Sports › Spain prosecutor accuses Falcao, Coentrao of hiding millions
Text Size:AAA
Success
This article has been saved

*

+