Pakistan Today

Prosecutors want 11-year jail, 59 Mn euro fine for ex-Barca boss Rosell

BARCELONA: Spanish prosecutors said Wednesday they want former Barcelona president Sandro Rosell to be jailed for 11 years and fined 59 million euros ($69 million) for alleged money laundering related to television rights and sponsorship in Brazil.

The prosecutors at the Madrid-based National Court, which deals with major corruption cases, accuse Rosell, his wife and four other people of “large-scale money laundering” of at least 19.9 million euros since 2006.

They are accused of hiding money illegally obtained by Ricardo Teixeira, the former head of the Brazilian Football Confederation.

Rosell had previously lived and worked in Brazil, where he forged many business links.

The case centres on a deal signed by Teixeira in 2006 with a company based in the Cayman Islands for the television rights to 24 friendly matches of the Brazilian national team.

Altogether, Rosell and his wife allegedly illegally received close to 15 million euros in their accounts as part of the deal.

They got 6.6 million euros while Teixeira received 8.4 million, prosecutors say.

Rosell and other defendants are also suspected of having cooperated in hiding some five million euros illicitly obtained by Teixeira as part a Nike sponsorship deal with the Brazilian team.

The National Court announced last month that the defendants would stand trial over the case.

Teixeira, a former FIFA vice-president, is meanwhile being investigated in Brazil.

He has also been indicted by US Justice Department prosecutors investigating the FIFA corruption scandal.

Rosell is accused of money laundering and leading a criminal organisation.

His wife Marta Pineda is accused of money laundering and participating in a criminal organisation.

Prosecutors want her jailed for seven years and fined 50 million euros.

Of the other four, they are asking that Joan Besoli, a financial consultant based in Andorra, be imprisoned 10 years and fined 55 million euros.

Rosell resigned as Barcelona president in 2014 over the murky transfer dealings that brought Brazilian striker Neymar to the club from Santos.

He was later cleared of all charges in connection with an alleged tax fraud case over the transfer following an agreement with prosecutors.

Rosell is nevertheless being probed for fraud and corruption relating to a parallel complaint filed by Brazilian investment company DIS, which owned 40 per cent of Neymar’s sporting rights at the time of his transfer.

DIS claims that it was cheated out of its real share because part of the transfer fee was concealed by Barcelona, Santos and the Neymar family.

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