translated from Spanish: Real Madrid to be investigated for possible tax fraud

Spain.- New scandal for Real Madrid and is that in recent hours it has been revealed of its possible participation of a tax fraud that includes the team and companies of the Cayman Islands who would have made a payment of 200 million euros to the white table, which could trigger tax fraud, so the Spanish group would be investigated. According to Football Leaks, Real Madrid would have received the impressive amount of the providence fund’s collection, triggering tax fraud. In Spain it was InfoLibre who was in charge of explaining what happened and what would pass him the meringue set in case it is proven that he incured a lack of that magnitude. 
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According to InfoLibre, Madrid received payment from two companies domiciled in the Cayman Islands, located in the George Town building. “Two companies based in the Cayman Islands and domiciled in a George Twon building where thousands of companies are domiciled guarantee payment to the club of 200 million euros by a Luxembourg company of only 20,000 euros of share capital! It seems joking but I’m afraid they’re serious,” were the words of Real Madrid’s CFO, read in the post. Read more: Former Real Madrid judged in April after dissemination of children’s content This was captured from an email that the source had access to and shared with the investigation, he added that from the knowledge that the operation would be questioned by the Treasury because the structure did not give the necessary security. 

Florentino Pérez current president of Real Madrid will have to clarify the situation of his team | Photo: Agencies

In this way the Spanish team would be being investigated by the tax authorities of their country, so far no communication has been issued confirming that the Treasury will be entering the dispute to get to the bottom of the situation, but it is almost inevitable that it will not happen and more for the fame it has in Spanish football with great fights with athletes over the years. Hacienda in Spain, is one of the biggest headaches for the athlete, especially for footballers who receive large amounts of money for many concepts, even on two occasions footballers like Lionel Messi and Cristiano Ronaldo have been sent to court for tax evasion, in the worst case the Argentine came close to stepping on the prison. Read more: Benzema won’t make the trip with Real Madrid for the Champions League match

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Original source in Spanish