Costa was reported to have agreed to plead guilty to tax evasion and repay the vast sum during an income tax case last year, as well as accepting a fine of around $658,000 instead of a jail sentence.

Now the Brazil-born striker is facing trial in Madrid next week over the allegations that he used shell companies based in the British Virgin Islands or Ireland to hide his true tax bill, according to Cadena Sar.

The Hacienda tax operation has accused Costa of obtaining an income through the transfer of his image rights and asking Chelsea to pay more than $5.5 million to the shell companies as part of an attempt by the player to earn “illicit benefit.”

Spain’s tax agency had claimed that Costa failed to declare income earned in 2014 from an Adidas sponsorship deal signed shortly before he joined Chelsea from Atletico.

Costa earned around $182,000 a week after moving to Stamford Bridge for $39 million, scoring an impressive 52 goals in 89 appearances and winning the Premier League in his first and third seasons with Roman Abramovich’s club.

He has been less prolific since returning to Atletico in January 2018, where he earns $8.5 million a year, but was reported to have surprised directors by pushing for a payrise in October 2018.

Costa is the latest high-profile player to face prosecution over taxes by authorities in Spain. Barcelona icon Lionel Messi did not serve time for a 21-month tax fraud sentence issued in 2016, and Ballon d’Or rival Cristiano Ronaldo was fined $21.6 million in January last year.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Dier charged with misconduct after confronting fan in stand

Eric Dier has been charged by the Football Association after climbing into the stand to confront a Tottenham supporter after their FA Cup exit to Norwich and could face a hefty ban. The England international saw his brother in an…

China’s Xu, Chen remain world No 1 on ITTF March ranking

BEIJING – Chinese paddlers Xu Xin and Chen Meng retained their world No 1 positions among men’s and women’s players respectively as the International Table Tennis Federation (ITTF) has released its ranking for March. Men’s top 10 witnessed quite slim…

Questions will not go away until F1 gets anti-racism message in order

There was more than a sense of Groundhog Day on Sunday as Lewis Hamilton powered to one of the most dominant victories of his Formula One career. Few things are as predictable in F1 as a Hamilton victory in Hungary,…

Marina Granovskaia – Abramovich’s right-hand & football’s ‘most powerful woman’ spearheading Chelsea’s summer spending

Chelsea were commendably proactive in the local community during the coronavirus pandemic in London, one of the worst-hit cities in the world by the deadly disease, opening their Millennium Hotel for National Health Service (NHS) staff workers as well as…