Italy Seizing Documents From Soccer Teams in Tax Evasion Probe
Italian finance police were given authorization to seize documents from at least 35 soccer clubs as part of a probe into fraudulent activities, according to a statement today.
The probe involves taxes that may not have been paid on player contracts and possible irregularities in transfers and player-agent relationships, according to the statement, which was issued by Naples prosecutors. Management of images and television rights is also part of the probe, according to the statement.
Clubs involved in the probe include Juventus Football Club SpA (JUVE) and AC Milan, owned by former Prime Minister Silvio Berlusconi.
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