Cash-back tax deal for Falcao

Photo: Facebook AS Monaco
Photo: Facebook AS Monaco

Monaco’s star Colombian strike Radamel Falcao is ready to admit to tax fraud allegations in Spain in return for a cash settlement, according to Spanish press reports.

Falcao played for Atletico Madrid between 2011 and 2013, when the tax offences were alleged to have taken place. He had already paid €7.2 million into court two months ago, and if the eventual fine is the reported €6 million, he will receive a refund of the balance. The deal will avoid the need for a trial.

Other footballers to face tax enquiries in Spain in recent months are Barcelona’s Lionel Messi, PSG’s Neymar and Ronaldo. Falcao’s tax troubles centred on the sale of image rights, as did Neymar’s.

The Spanish prosecutor’s office has not confirmed the Falcao report.

Especially since the departure of Kylian Mbappe for PSG, AS Monaco is especially dependent on Falcao for its goals. In his latest outing, at home on Saturday, the striker scored a brace of goals against Strasbourg, with the eventual scoreline 3-0.

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