Friday, February 28, 2025 | 04:35 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Trial of former Barca boss Rosell kicks off

Image

AFP Madrid

Former Barcelona president Sandro Rosell went on trial Monday in Madrid for money laundering, Spain's National Court said.

Rosell, his wife and four others are accused of "large-scale money laundering" of at least 19.9 million euros (USD 23 million) since 2006 relating to television rights and sponsorship in Brazil.

Prosecutors at the Madrid-based National Court have called for the ex-Barca boss to be jailed for 11 years and fined 59 million euros.

Rosell and his wife are accused of hiding money illegally obtained by Ricardo Teixeira, the former head of the Brazilian Football Confederation.

Rosell, who has been in pre-trial custody since May 2017, had previously lived and worked in Brazil, where he forged numerous 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 Brazil friendly matches.

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

They pocketed 6.6 million euros with 8.4 million destined for Teixeira, prosecutors say.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 25 2019 | 4:25 PM IST

Explore News