Radamel Falcao slapped with jail time and €9 million for tax evasion

Radamel Falcao is facing a 16-month jail time and €9 million tax fine for an alleged non-declaration of income and payment of due charges.

Radamel Falcao.jpg

Image: Radamel Falcao

Falcao, 32, was found guilty of the financial crime in Spain.

According to Marca, the Spanish court handling Falcao’s tax evasion case said his sentence is immediately suspended as is permissible in law for individuals with less than two years.

The alleged tax fraud is related to Falcao’s false income statement and image rights cheat during his time at Atletico Madrid, where he played between 2011 and 2013.

“The Tiger” or “King of the Europa Ligue,” as he is popularly known, defrauded Spanish authorities of €822,609 in 2012 and €4,839,253 the following year, El Confidencial noted.

Other players in the Spanish league who have faced the court for tax evasion-related cases in recent years are Lionel Messi, Mascherano, Cristiano Ronaldo, Luka Modric, Marcelo, Neymar, Xabi Alonso, Ricardo Carvalho, Angel Di Maria, Daniel Alves, and Samuel Eto’o.

Since leaving Atletico Madrid, Falcao had stints with Monaco, Manchester United and Chelsea. He has a 5-year contract with Puma and recently featured in ads with Man City’s Sergio Aguero, Forbes reported.

Falcao is the first player to win consecutive Europa League titles with two different teams. He currently captains AS Monaco and Columbia’s national football team. His 39 goals in 54 Ligue 1 appearances since the start of 2016-17 makes a strong case for his inclusion in the South American country’s 23-man squad for the upcoming 2018 World Cup in Russia.