Sports
Modric in Trouble With Spanish Authority, To Pay £54,000 In Exchange For Prison
Luka Modric, Croatia and Real Madrid playmarker is in trouble with the Spanish authority, as he has admitted two counts of tax fraud and accepted an eight-month suspended prison sentence as part of a plea bargain deal with prosecutors.
Fortunately for Modric, he will be fined a fine totalling (£54,000) €60,000, in exchange for a prison term.
The midfielder has joined the likes of Cristiano Ronaldo, Lionel Messi of Barcelona, former Madrid Coach Jose Mourinho and Brazilian midfielder Marcelo, who have all admitted to various tax offences.
The 33-year-old Modric, recently voted the 2018 World Cup’s best player, was accused last November of tax fraud of up to €870,728 (£783.64) in image rights in 2013 and 2014 using a limited company based in Luxembourg.
The company, Ivano, S.A.R.L, was named after his son Ivano and managed by his wife Vanja Bosnia.
El Mundo reported the footballer would have to pay a total of £1.26 million (€1.4 million) if he wanted to wipe his slate clean with the Spanish taxman for the years 2013 and 2014.
Reports has it that the player had paid £900,000 of the amount owed at the start of the criminal proceedings.
Recent reports in Spain have claimed he has also been fined £1.08 million (€1.2 million) for irregularities in his 2012 tax return which he is contesting but is being dealt with administratively rather than by way of criminal proceedings.
Modric, who signed for Real Madrid in August 2012, remains under the spotlight in his homeland over allegations he provided false information in the trial of former Dinamo Zagreb director Zdravko Mamic.