German soccer headquarters searched for tax evasion

The suspicion is related to income from advertising contracts for the home games of the German national team between 2014 and 2015.

German-soccer-headquarters-searched-for-tax-evasion

The public prosecutor's office in Frankfurt (central Germany) searched the offices of the German Football Federation (DFB) as well as the private homes of various officials on suspicion of tax evasion.

The suspicion is related to income from advertising contracts for the home games of the German national team between 2014 and 2015. The investigations, for serious evasion of corporate tax, are directed at six people, including both current leaders of the DFB as against former officials.

Specifically, the DFB is accused of having declared the income from advertising contracts as income derived from the management of assets, which implied a tax savings of 4.7 million euros. "According to the investigations, those responsible knew that the declaration was incorrect but they consciously chose it to provide a great fiscal advantage to the DFB," said the prosecutor, Nadja Niesen.

The prosecution has not disclosed the names of those allegedly involved. The DFB has recently been rocked by several scandals that have led to the resignation of two of its presidents. Wolfgang Niersbach, who had to resign due to irregularities related to the 2006 World Cup award to Germany and a flow of funds that were never fully clarified. His successor, Reinhard Grindel, resigned after a debate that ensued after it emerged that he had received expensive gifts from a Ukrainian oligarch. On the dates of the admissions that are now under suspicion, Niersbach was in charge of the DFB.



Photos from as.com
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