Alexis Sanchez admits to tax fraud

Arsenal striker, Alexis Sanchez has admitted to evading payment of tax of almost €1m from his image rights via a company based in Malta between 2012 and 2013, during his spell at Barcelona. He declared in a court in the Catalan city on Monday via a video link, and confessed to two counts of tax fraud and defrauding the Treasury to a total value of 983,443 euros.
The Chilean international has reportedly returned the money and he is not likely to face a trial. His defence team and the Treasury will however come to an agreement regarding how much he will be fined for the delay in paying the taxes and possibly on the length of a prison sentence, which would be short and therefore suspended.

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