Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Mourinho pays to settle Spanish tax fraud case

By Kirsten Hastings, 3 Nov 17

Manchester United manager Jose Mourinho has confirmed that he paid a fee to settle accusations of defrauding the Spanish tax authorities.

Speaking to media on Friday after a brief court appearance in Madrid, Mourinho said the tax fraud case relating to his time in charge of Real Madrid is now closed, reports the BBC.

In June, it was confirmed that the high-profile Portuguese football manager faced two counts of tax fraud totalling €3.3m (£2.9m, $3.85m) dating back to 2011/12.

After the hearing, Mourinho said: “I left Spain in 2013 with the information and the conviction that my tax situation was perfectly legal.

“A couple of years later I was informed that an investigation had been opened and I was told that in order to regularise my situation I had to pay ‘X’ amount.”

Mourinho did not say how much he had to pay.

“I did not answer, I did not argue. I paid and signed with the state that I am in compliance and the case is closed,” he told assembled media.

Spain’s football focus

Tax and football have gone hand in hand in recent years, with some of the most high-profile players in the world appearing in court.

In July, fellow Portuguese sporting legend Cristiano Ronaldo sat before a Madrid court facing up to three and a half years in jail for evading €14.7m in taxes since 2010.

He denied the charges, saying that: “If I wasn’t called Cristiano Ronaldo I wouldn’t be sat here.”

The case is still on going.

Argentinian superstar Lionel Messi faced similar charges and was found guilty. Under Spanish law, however, sentences of less than two years can be served on probation.

His prison sentence was later replaced with a €255,000 fine.

Tags: Football | Jose Mourinho | Spain | Tax Avoidance

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Asia

    Macquarie Securities to pay AU$35m fine for ‘systemic failures’

    fund

    Industry

    AJ Bell expands Gilt MPS range with new portfolio launch

  • Best Practice

    CII Middle East director: Education and qualifications a priority for boosting talent in 2026

    Ben Lester

    Industry

    Morningstar Wealth: Smaller advice firms are feeling the pressure of a demanding new year


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.