Mourinho pays 2m Euros to avoid jail over tax fraud – Independent Observers

Mourinho pays 2m Euros to avoid jail over tax fraud

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Former Manchester United manager Jose Mourinho is to pay a fine close to two million euros as part of a deal with Spanish prosecutors to avoid jail for tax fraud.

Under the deal, Mourinho accepted a one-year jail sentence immediately commuted to a fine of 182,500 euros.

The coach will also have to pay an additional penalty of 1.98 million euros ($2.3 million).

Spanish prosecutors accuse the 56-year-old Portuguese, who coached Real Madrid between 2010 and 2013, of failing to declare income of 1.6 million euros in 2011 and 1.7 million euros in 2012.

Mourinho, sacked by Manchester United in December following a string of disappointing performances, is the latest high-profile football figure to be judged over his tax affairs in Spain.

The grounds for the case, as with a series of football stars based in Spain, is how income from Mourinho’s image rights was managed and declared.

Prosecutors believe by ceding his image rights to a series of companies based in tax havens, Mourinho committed fraud by not declaring the income those companies made from his image rights. ffff

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