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Maradona's diamond sells for ?25K at tax auction - Daily News Egypt

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Maradona's diamond sells for ?25K at tax auction

Diego Maradona s diamond earring sold for ?25,000 ($36,400) at an auction Thursday to help pay off his ?37 million Italian tax bill, organizers said. An unidentified woman purchased the earring, which was valued at ?5,500, at the auction in a Bolzano hotel, said Giovanni Lombardo of the Equitalia agency which organized the sale. Tax …


Diego Maradona s diamond earring sold for ?25,000 ($36,400) at an auction Thursday to help pay off his ?37 million Italian tax bill, organizers said.

An unidentified woman purchased the earring, which was valued at ?5,500, at the auction in a Bolzano hotel, said Giovanni Lombardo of the Equitalia agency which organized the sale.

Tax police seized the earring in September when the Argentina coach was at a hotel in northern Italy, where he was being treated for weight gain and stress.

Maradona s Italian debts stem from unpaid taxes during the time he played for Napoli from 1984-91, when he helped the club win its only two Serie A titles.

Lombardo called the auction a drop in the bucket of Maradona s debts but said it sent a message that even celebrities have to pay taxes.

In 2006, tax police took two Rolex watches from Maradona when he went to a Naples suburb for a news conference and benefit appearance. Authorities also seized the payment Maradona received for an appearance on Italian state TV.

He isn t the only athlete or celebrity to have been targeted by the Italian tax authorities.

In 2008, seven-time motorcycling world champion Valentino Rossi paid about ?19 million to settle a tax dispute over alleged undeclared earnings.

In 2000, tenor Luciano Pavarotti agreed to pay nearly 25 billion lire (around $12 million) to the Italian state after unsuccessfully claiming that the tax haven of Monte Carlo, rather than Italy, was his official residence.

Actress Sophia Loren spent 17 days in prison in 1982 for tax evasion.-AP

https://ww.dailynewssegypt.com/2010/01/15/maradonas-diamond-sells-for-25k-at-tax-auction/
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