The prosecution in Madrid on Tuesday opened an investigation to determine whether German champions Bayern Munich's Spanish defender Xabi Alonso has committed tax fraud after a complaint was filed by the tax authorities.
Prosecution officials said that information regarding the case is currently being studied to determine the charges against the former player of Spanish heavyweights Real Madrid, reports Efe.
Media reports on Tuesday also said investigations are related to undeclared income from publicity and image rights, when Alonso was playing for English side Liverpool from 2010 to 2012, allegedly using overseas companies.
Before joining Real Madrid Alonso played for Liverpool, along with his former Argentine teammate Javier Mascherano, currently with champions FC Barcelona, and it is during this time that they are alleged to have purchased two companies, one in Portugal and the other in Miami, United States.
The prosecution will also involve Mascherano in the investigations.
Alonso tweeted on Tuesday that he has "always" complied with his tax obligations.
He also emphasised he would respond and defend his interests through taking appropriate measures, stressing that he will prove that all his tax obligations "have been fulfilled scrupulously."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
