Alexis Sanchez has agreed to pay the money he owes with interest because he will not have to spend any time in jail.
Alexis Sanchez has accepted a 16-month prison sentence for committing tax fraud during his time at Barcelona, although he will not spend time in jail.
The Manchester United forward was pledged of defrauding the treasury of €1 million between 2012 and 2013, relating to income from his image rights.
Sanchez has, however, reached an agreement with the prosecutor to pay the money he owes with interest.
Despite the verdict, the Chilean will not ready to spend time in prison as he is not the first offender and the sentence is less than two years – which crucially, in Spanish law, prohibits jail time.
The ex-Arsenal star is the latest football figure to be punished by Spanish prosecutors for an apparent expose of taxes.
Lionel Messi, Cristiano Ronaldo, Jose Mourinho and Ricardo Carvalho have all been pursued by the authorities recently. .
Real Madrid forward Ronaldo, meanwhile, was accused of €14.7m but has protested his innocence in an ongoing case.
Alexis joined Barcelona from Udinese in 2011 and spent three years with the Catalan side, winning a Liga title as well as the Club World Cup under the guidance of Pep Guardiola