The Colombian attacker Radamel Falcao Garcia will not proceed to Millionairesthe club he is a fan of and he arrived six months ago, because of the “tax effects for income and assets” he had to pay in his country.
“After several weeks of work in which an important economic offer was made by the club, complemented by sponsorships, it is not possible to counteract the tax effects of income and assetsthat did not allow the continuation of Radamel Falcao García,” he declared Millionaires in a statement.
When the signing of the former player of Atlético de Madrid and of Rayo Vallecano was announced in June, the scorer signed a six-month contract for “an influential factor that ends up being decisive,” as revealed in an interview with the W Radio station.
“It was the issue of the wealth tax and that factor had a very strong impact, which initially prevented me from continuing. It was discussed with Gustavo (Serpa) and Enrique (Camacho, directors of Millonarios) , already “They made a great effort and could not imagine the impact that it could generate,” Then the 38-year-old striker explained.
In living more than six months ColombiaAs he intends to do when he tries to renew his contract in a year, Falcao will become a tax resident – as he is already in Spain – and will have to pay tax in the country not only on what he generates locally that land, but also to his multimillion-dollar income in other parts of the world.
After the announcement that he would not continue with Millonarios, ‘The Tiger’ He is grateful “for having the opportunity to return to Colombia” with his family and his children to live “in the country where it all began.”
“Fulfilling my dream of playing for the Millonarios is one of the greatest things that has happened to me in my life. Sharing with new generations, with teammates who have become friends is unforgettable. It is not easy to say this and especially not accept it, but “For reasons beyond my and the Club’s control, I must say goodbye,” Falcao declared.
He added: “There’s always a lot of willingness on both sides, but There are issues outside of sports that we cannot handle. and that prevented my proceeding. Thank you, Millionaires, for making my dream come true and opening the doors of this great club to me.”
During his time at Millonarios, the former soccer player River Plate Argentina, the Porto Portuguese, English Manchester United and Chelsea and the french Monaco He played 16 games in the Colombian league where he scored only five goals.
Source: La Verdad

I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.