News

Diego Costa Handed 6-Month Prison Sentence In Tax Fraud Case

Spread the love
< 1 min read

Former Chelsea striker, Diego Costa has been sentenced to six months in prison, but due to Spanish law, he will pay a hefty fine to avoid serving the time.

According to court filing published last month, the 31-year-old did not declare payments of just over €5m (£4.4m) from his 2014 transfer from Atletico to Chelsea in his tax return, as well as more than €1m (£900,000) in image rights. He has now been handed a total fine of €543,000 (£482,000).

Due to the fact that Spanish law allows penal sentences below two years for non-violent crimes to be exchanged for a financial penalty, Diego Costa agreed to pay an additional fine of €36,500 (£32,000) on top of the €507,000 (£450,000) to avoid prison time.

Speaking ahead of his court visit on Thursday, an Atletico spokesman told Reuters:

‘Diego Costa reached an agreement a few months ago with the prosecutor and has already paid the corresponding fine plus interest and the request for a prison sentence was withdrawn.’

‘This week it is expected that agreement will be ratified in court, as is mandatory.’

Diego Costa joins the likes of Lionel Messi and Cristiano Ronaldo and ex-Real Madrid manager Jose Mourinho, who all have been involved in tax fraud. None of them served prison time but did pay hefty fines.

Costa has been a bit-part player for Atletico this season, making just eight starts in La Liga and scoring only twice.

editor@giotv

Recent Posts

Don’t blame Tinubu for Nigeria’s current economic problems – Deputy Speaker Kalu

Deputy Speaker, Benjamin Kalu has said President Bola Tinubu is not to blame for the…

10 mins ago

Man Arrested For Allegedly Def!l!ng Minor Inside Mosque in Ijebu Ode

The Ogun State Police Command has arrested a 40-year-old male worshipper identified as Abiola, otherwise…

14 mins ago

Man Murders His Cousin And Childhood Friend, Sells Body Parts To Ritualists

Men of the Ondo state police command have arrested a middle-aged man identified as Dolapo…

4 hours ago

Kidnappers Sleep Off After Abducting Pastor’s Wife And Others In Ondo

Police have arrested five suspected kidnappers, who slept off after abducting a pastor’s wife and…

4 hours ago

FG insists on electricity tariff hike as Labour threatens showdown

The Federal Government on Sunday faulted the organised labour’s opposition to the electricity tariff hike…

4 hours ago

80% of Lekki buildings have no approval, says LASG

Lagos State Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, stated that 80…

4 hours ago

This website uses cookies.