Radamel Falcao

Spanish court hits Falcao with 9-million euro tax bill

Madrid (AFP) – A Spanish court handed Monaco’s Colombian striker Radamel Falcao a nine million euros ($10.5m) tax fine and a suspended prison sentence on Wednesday, a judicial source told AFP.

Many of football’s greatest stars including Cristiano Ronaldo and Lionel Messi have been in similar trouble with the Spanish tax authorities.

Falcao, a former Atletico Madrid player, had already payed 8.2 million euros to the court last July when he was charged with owing 7.4 million plus fines.

The 16-month sentence was commuted to a 96,000-euro fine.

The player was found guilty of setting up companies in Ireland and the British Virgin islands to help hide his earnings from image rights after two years at Atletico Madrid between 2011-2013.

200+ Channels With Sports & News
  • Starting price: $33/mo. for fubo Latino Package
  • Watch Premier League, Women’s World Cup, Euro 2024 & Gold Cup
The New Home of MLS
  • Price: $14.99/mo. for MLS Season Pass
  • Watch every MLS game including playoffs & Leagues Cup
Many Sports & ESPN Originals
  • Price: $10.99/mo. (or get ESPN+, Hulu & Disney+ for $14.99/mo.)
  • Features Bundesliga, LaLiga, Championship, & FA Cup
2,000+ soccer games per year
  • Price: $5.99/mo
  • Features Champions League, Serie A, Europa League & Brasileirāo
175 Premier League Games & PL TV
  • Starting price: $5.99/mo. for Peacock Premium
  • Watch 175 exclusive EPL games per season

EDITORS’ PICKS