Real Madrid Accused of hiding funds in Luxembourg

Real Madrid's Luka Modric is the latest player to be caught up in a tax scandal, the Office of the Public Prosecutor of Madrid filing a complaint against him for two crimes against the Treasury relating to Personal Income Tax (IRPF) for the years 2013 and 2014, in which the player would've defrauded the government out of 870,728 euros

According to the Prosecutor's Office, the fraud could be even greater, given that the National Fraud Investigation Office (ONIF) has detected the possible existence of player finances on the Isle of Man.

The lawsuit is also directed against Modric's wife and against the Ivano SARL entity, located in Luxembourg.

It comes the day after his teammate, Marcelo, admitted a tax offence before a judge and committed to the payment of almost 500,000 euros.