Pep Guardiola In The Pandora Papers

2 min readOct 4, 2021

While Barcelona reached the maximum splendor of football with a golden age at the hands of Pep Guardiola, the coach kept an account open in Andorra linked to Repox Investments, a company registered in Panama. This is confirmed by La Sexta after the investigation of Pandora Papers, by the International Consortium of Investigative Journalists.

The situation began years before, when he was still wearing the Qatari Al Alhi shirt, where he played from 2003 to 2005. It was then that he opened the Andorran account to receive the payroll that amounted to two million euros per season, avoiding declaring it in Spain for fear of the possible order of payment of taxes despite having resided in the Middle Eastern country in the period.

In addition, Pep Guardiola was the attorney-in-fact for the company in the tax haven and, according to the aforementioned sources, it would be an initiative of the Andorran banking entity to “safeguard its identity.”

The activity continued until the end of 2012, very close to the deadline set by the Spanish government of Mariano Rajoy, which required the dissolution of all ‘offshore’ structures before the end of the year to qualify for the current tax amnesty. This allowed him to pay 10% taxes on the regularized half a million euros.


The Italian coach of Real Madrid, who is being investigated by the Spanish Treasury for also maintaining a company in the British Virgin Islands, is also the protagonist of this investigation. Despite having already acknowledged his guilt, and having been seized by more than a million by the national organization, the novelty appears in the opening application process, when his managers did not know whether or not to classify his client as a politically exposed person:

“The The client has not completed this section as, despite being high profile, not involved in politics and not sticking to the examples on the form. I would appreciate your advice on how I should fill it out. “Finally, the section was filled in by hand and it was not declared as such”.

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