Marcelo to pay $1,228,000 fine to settle tax fraud case

Real Madrid left-back Marcelo Source: Getty Images

Marcelo will pay a fine of €753,624 (A$1,228,163) to settle a tax fraud case after an agreement was reached with the Provincial Prosecutor's Office in Madrid.

Last October, the Real Madrid full-back was accused of evading payment to the Spanish treasury in relation to his image rights.

However, Spanish news agency EFE reported on Wednesday (AEST) that a settlement has been reached and Marcelo has gone to court in Madrid to ratify the agreement.

Marcelo is the latest in a line of high-profile figures in Spanish football to be punished in relation to tax affairs, with former Real Madrid teammate Cristiano Ronaldo and Lionel Messi among those to have reached settlements with prosecutors.

Source: Omnisport