Dani Alves goes from being worth £47m to being over 3000 times broke following jail sentence

FOOTBALL Dani Alves goes from being worth £47m to being over 3000 times broke following jail sentence

Mark Kinyanjui 20:35 - 22.02.2024

Embatled Dani Alves once had a £47m (Ksh 8.7 billion) fortune but now worth over 3000 times less after being found guilty of raping a woman in a nightclub in Spain.

The financial details of former Barcelona star Daniel Alves have been revealed after he was sentenced to four and a half years in prison for being found guilty of sexual assault. 

The disgraced ex-Brazil international, who played for Sevilla, Juventus, and Paris Saint-Germain during his career, was convicted in a Barcelona court and also ordered to pay damages of £128,000 (€150,000) to his accuser, along with covering legal costs for the trial.

Despite the court's financial penalties, Alves reportedly faces significant financial difficulties. His lawyer, Ines Guardiola, stated that he is "broke" with a negative bank balance of £17,000. 

Additionally, an embargo of £42,795 (€50k) has been placed on his assets. This financial predicament may make it challenging for Alves to fulfill the court-ordered fine.

Once boasting a fortune of £47 million, Alves had lucrative contracts during his football career, including a reported monthly income of more than £256,840 (€300k) with UNAM Pumas and an annual earning of approximately £8.6 million (€10m) at Barcelona.

However, Alves faced legal issues in 2023 when he was hit with a £4 million claim from former club UNAM Pumas for a breach of contract. 

His contract was terminated after he was jailed on remand without bail over the alleged sexual assault of a woman at the Sutton nightclub in Barcelona in 2022.

Alves, a father of two, has been involved in various business ventures, including a representation agency (Flashforward Group), a sports advisory company (Cedro Esports), and a fashion brand (DM3 Fashion Moda). 

Despite his past financial success, the legal troubles have evidently taken a toll on his financial stability.

The 40-year-old, facing his first night behind bars as a convicted sex offender, has been held on remand at Brians 2 Prison near Barcelona since his arrest in January of the previous year.

 The court not only sentenced him to prison but also ordered a nine-and-a-half-year restraining order, prohibiting contact with his victim.

Throughout the trial, Alves maintained his innocence, protesting on February 7 during his testimony. 

He had initially faced negotiations over a potential plea bargain that could have resulted in a four-year prison sentence, but the trial proceeded. Alves was accused of slapping the alleged victim and forcing her into a sexual encounter in a nightclub toilet. 

While admitting to infidelity with his accuser, he insisted that the encounter was consensual, changing his narrative from initially denying any wrongdoing. State prosecutors sought a nine-year prison term if he were convicted.

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