Portugal Police Target Football Clubs for Tax Investigations for Money Laundering

The prosecutor’s office announced in Portugal announced that authorities have been carrying out over 70 searches at houses, football clubs, lawyers and agents' offices this week, searching for evidence of money laundering and tax fraud in professional football from 2015 onwards.

According to local media reports, investigators pounced on a string of top football clubs in Portugal yesterday as part of a tax evasion probe. Benfica and Porto confirmed that the searches had taken place and declared themselves ready to collaborate with the Portuguese authorities.

Sporting Lisbon as well as the offices of other top football agents, were all also searched.