Criminal charges against Ajax dropped

Updated: 25 February 2007 09:50 IST

Prosecutors have dropped criminal charges against Ajax, in an eight-year old tax evasion case involving two former players.

Amsterdam:

Prosecutors have dropped criminal charges against Ajax, in an eight-year old tax evasion case involving two former players. As part of a settlement, the 29-time Dutch league champion have agreed to pay a $590,000 fine. However, tax officials are continuing to pursue $6.2 million in back taxes over the transfer of Shota Arveladze and Michael Laudrup to Ajax in 1997. A Dutch tax court is yet to rule on the case. "Ajax should have realized that part of the transfer sum was player wages, over which income tax should have been paid," the prosecutors' statement said. Arveladze has since joined AZ Alkmaar, while Laudrup, who retired in 2002, coaches Danish club Brondby. (AP)

Topics : Football
Related Articles
Cristiano Ronaldo Will Remain Real Madrid Player For '2-3 More Years', Says Zinedine Zidane
Cristiano Ronaldo Will Remain Real Madrid Player For '2-3 More Years', Says Zinedine Zidane
Picture This! Pensive Neymar Stirs Renewed Paris Saint-Germain Fever
Picture This! Pensive Neymar Stirs Renewed Paris Saint-Germain Fever
Alvaro Morata Completes Chelsea Move, Targets Silverware
Alvaro Morata Completes Chelsea Move, Targets Silverware
Show Comments
Advertisement