Spanish law states that the 29 year old will not have to spend any time in jail and he has agreed to pay the money he owes with interest.
Alexis Sanchez has accepted a sixteen month prison sentence for committing tax for doing his time for Barcelona, although he will not spend time in jail.
The Manchester United forward was accused of defrauding the treasury of 1m between 2012 and 2013, relating to income from his image right.
Sanchez has, however, reached an agreement with the prosecutor to pay the money he owes with interest.
Despite the verdict, the Chilean will not spend time in prison as he is a first offender and the sentence is less than two years.
The ex Arsenal star is the latest football figure to be punished by Spanish prosecutor for dodging taxes.
Leonel Messi, Cristiano Ronaldo, Jose Mourinho, and Ricardo Carvalho have all been pursued by the authorities recently.
Alexis joined Barcelona from Udinese in 2011 and spent three years with the Catalan side, winning a Legal title as well as the club world cup under the guidance of Pep Guardiola.
He left to join Arsenal in 2014 and starred for Arsene Wenger’s team until making the shock move to old traford injanuary in a swap deal for Henrikh Mkhitaryan, despite previously agreeing to reunite with Guardiola at Manchester City.
The 29 years old has made three appearances for Mourinho’s side so far, scoring his first goal for his new club in Saturdays 2-0 win over Huddersfield Town.
The Red Devils are currently 13 points behind leaders Mancity after 26 matches and will returned to action on Sunday when they will visit Newcastle United.
