Soccer Star Will Have to Go to Trial for Alleged Tax Evasion

The ongoing tax saga of soccer star Lionel Messi will continue. That news comes after a judge in Spain ruled that the Barcelona FC star would indeed have to stand trial for tax fraud charges in association with his many endorsement deals with foreign companies. The news comes just days after a report stated that Mr. Messi would not have to go to trial, and that only his father would face the courtroom.

Not So Fast

However, the Spanish judge ruled otherwise and said that Mr. Messi and his father should both have to go to trial. Even though his lawyers argued that Mr. Messi did not have any hands-on dealings with his endorsement contracts, the judge ruled that he “couldn’t have ignored” that a large part of his revenue was coming from foreign companies. If he is convicted, the soccer star could receive a sentence for as long as 22 months.

No Jail Time Likely

However, the good news for Mr. Messi is that even if he is found guilty of the charges he will most likely not spend any time behind bars. That’s because sentences for financial crimes shorter than two years are typically suspended according to Spanish law. In addition, Mr. Messi and his father have reportedly either already paid, or have agreed to pay, the missing tax money, plus interest.

Posted in

A Guide to Family Business Decision Making

The topic of group decision making has spawned many academic studies, books, and white papers.  It is never easy to get a group of human beings to make a decision together; it’s hard enough for a single individual to make a decision!  Add to the mix more people with their cultural differences, values, needs, desires,…

State of Real Estate in The SF Bay Area: A Moment with Nancie Allen, Broker at Masterkey Real Estate Advantage

Transcript of Nancie Allen interview, “State of Real Estate in The SF Bay Area”: Alan Olsen: Can you walk us though your career path?   Nancie Allen: I’m a born and bred Fremont resident. I moved here when I was 2 and I went to the public schools here. I still live about a mile…

Miko Matsumura

Where the Future of Cryptocurrency is Headed? Miko Matsumura, Co-founder of Evercoin

Transcript: Alan Olsen: So Miko you are a cereal entrepreneur founder of crypto currency company; you have done a lot in your life but for the listeners, can you bring us a history of your timeline of what brought you up to where you are to day and what brought you to the crypto currency…

Vic Merjanian

The Next Gen 911 | Vic A. Merjanian

Interview Transcript of: The Next Gen 911 | Vic A. Merjanian Alan Olsen: Can you share a little about your background with us?   Vic A. Merjanian: Many years ago I was at UCSD as an undergrad and I found myself in situations with friends with family and we needed help. But there wasn’t really an…