Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Italian football stars targeted in tax evasion scam

Share this article

Italian football stars targeted in tax evasion scam
Dozens of Serie A and B officials and players have been implicated in Italian football's latest scandal. Photo: Giuseppe Cacace/AFP
13:26 CET+01:00
Dozens of Serie A and B officials and players including Adriano Galliani, Hernan Crespo and Ezequiel Lavezzi have been targeted by an Italian police investigation into alleged tax evasion and false accounting, reports in Italy said on Tuesday.

Sky sport Italia and Gazzetta dello Sport both reported that prosecutors in Naples had opened the investigation - dubbed 'Fuorigioco' (Offside) - into tax evasion and false accounting, while Gazzetta claimed "assets valued at around €12 million" had been seized.
   
The probe is focusing on suspicions that several players' agents, many of whom are from Argentina, according to a report on gazzetta.it, colluded with club officials and players from Italy's top two divisions in a complicated tax-avoidance scheme that benefited all parties and deprived the tax man of millions of euros in revenue.
   
The investigation stems from 2012, when Italy's 'Guardia di Finanza' - the country's financial police - raided the offices of current Serie A leaders Napoli to seize the contract of Lavezzi, who moved to Paris Saint Germain in 2012 for a reported €31 million.
   
On Tuesday morning, Naples prosecutor Vincenzo Piscitelli ordered the Guardia di Finanza to carry out a series of raids.
   
A total of 64 people were reportedly targeted, including AC Milan vice-president Galliani, Napoli president Laurentiis, Lazio president Claudio Lotito, former Juventus president Jean-Claude Blanc as well as players' agent Alessandro Moggi - the son of disgraced former Juventus official Luciano Moggi.
   
Crespo, a former Argentina international who spent most of his career in Serie A and who is now coach of Serie B side Modena, and PSG striker Lavezzi, an Argentina international, have also been implicated, say the reports.
   
Other Argentinians, including former Inter Milan striker Diego Milito and Atalanta striker German Denis are also implicated.
   
Players' agents are alleged to have issued fictitious receipts for their services to clubs, pretending that negotiations had been carried out in the exclusive interest of the club, when in fact the agents were carrying out their usual work in the interests of their players.
   
Clubs were then able to benefit financially by deducting the agents' invoices from their taxable income when filing tax declarations, in the process saving thousands of euros at a time.
   
The system also allowed the players and their agents - some of whom are alleged to have used 'phantom' companies and offshore bank accounts in financial tax havens - to benefit financially, said the report.
   
AC Milan, Napoli and Lazio have yet to react to the accusations.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

The Swedish university tackling the challenges of tomorrow

Ranked among the world's best young universities in the QS Top 50 Under 50, Linköping University (LiU) uses innovative learning techniques that prepare its students to tackle the challenges of tomorrow.

Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement