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Arsenal’s Sanchez faces Spanish tax fraud accusation

Arsenal’s Sanchez faces Spanish tax fraud accusation

MADRID: The agent of Arsenal and Chile star Alexis Sanchez has insisted the forward has done nothing wrong after becoming the latest high-profile footballer to face accusations of tax fraud by the Spanish authorities.

Spanish newspaper El Periodico reported on Wednesday that Sanchez is accused of defrauding the public purse of 983,443 euros ($1 million) during 2012 and 2013 when he played for Barcelona. “Alexis Sanchez has perfectly obeyed every one of the laws imposed by the countries where he has resided,” Sanchez’s agent Fernando Felicevich said in a statement.

“We ask the press and public at large for the upmost respect until the completion of the ongoing administrative and judicial process.”

As in a litany of other cases involving players based in Spain in recent years, it is the income generated from Sanchez’s image rights that has come under the spotlight. Sanchez ceded his image rights to what prosecutors see as a merely instrumental company in Malta to avoid declaring tax on the rights in Spain.

Sanchez’s former Barcelona teammates Lionel Messi and Javier Mascherano and Bayern Munich midfielder Xabi Alonso have also been investigated by the Spanish authorities for income derived from their image rights.