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Is Dani Alves Bankrupt? Barcelona Legend’s Dip In Net Worth Due To Trial Will Leave You Shocked

Published 02/22/2024, 7:49 AM EST

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From once being the third-highest-paid defender to now being convicted of sexual assault, Dani Alves fall from grace has been just unfortunate to watch. A legal battle that started a year ago, when Alves was accused in January 2023, saw Catalonia’s highest court sentencing him to four-and-a-half years in prison on February 22. This battle has seen the player slowly get erased from history, with sponsors and organizations cutting ties with him.

A few days ago, the prosecutor in Dani Alves’ case said, “Alves’ soccer wealth is very high. He is one of the best players in history. He still has the economic capacity or friends who have it.However, the Brazilian legend’s financial troubles have been on the rise in the past few months, with Alves star even reportedly seeking monetary aid from ex-teammate Neymar Jr. He also appointed a senior lawyer from Neymar Sr.’s companies, Gustavo Xisto. But the aid has done nothing to resolve his situation, with Alves’ finances dropping with each passing day.

Lawyer Ines Guardiola is representing the former Barcelona defender. Per a report by OneFootball, Alves’ net worth has taken a massive dip, with the player’s lawyer revealing his frugal condition in a past hearing. Alves’ lawyer claimed that her client had a bank balance of negative $21,500 and a legal embargo on $54,000 worth of assets. Despite owning several businesses and investments, the past year behind bars has seen his $60 million financial empire collapse like a house of cards!

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During the trial, state prosecutors wanted a nine-year prison sentence for Alves. As for the victim’s lawyers, they wanted a 12-year sentence. However, now that the Brazilian has been handed a four-and-a-half-year sentence, the victim’s lawyer told reporters, “We are satisfied as the sentence recognizes what we’ve been saying all along that the victim was telling the truth and that she suffered.” On the other hand, Alves’ lawyer isn’t ready to give up just yet.

“4 and a half years is much better than 9 and 12 that the accusation requested, but we are going to appeal because I still believe in Mr. Alves’ innocence,” Guardiola told reporters. “We are going to review the sentence, but I can tell you that we are going to appeal. We continue to believe in the innocence of Mr. Alves. We will defend his innocence to the end.” As Guardiola is set to appeal, Alves has multiple other sanctions.

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Dani Alves hits rock bottom…

If the court ruling wasn’t sufficient, the remaining sanctions are enough to turn things upside down for Dani Alves. The player has been sentenced to five years of supervised freedom after his release, with authorities tasked to monitor his activities. In addition, Alves has also been asked to pay $163,000 to the victim, excluding the legal fees incurred during the trials.

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Importantly, the former Barcelona player is also forbidden from having any contact with the victim for the next nine years while ensuring a distance of one kilometer between them. It’s disheartening to see a former player reduced to ruins, with all his goodwill crumbling before his own eyes. Alves has been behind bars for the last year and will continue serving time until he is released in 2028 under legal supervision.

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Written by:

Saurabh Saket

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Saurabh Saket is a Soccer Writer at EssentiallySports. He is a passionate Borussia Dortmund fan despite them not lifting the league title in the last twelve years. This writing machine wants to make a difference with his proficiency in journalism.
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Edited by:

Jacob Gijy