Barcelona defender Javier Mascheranohas released a statement in which he says he has reached an agreement with Spanish authorities concerning charges of tax fraud.
The Argentina international appeared in court in an effort to avoid a custodial sentence being handed down as a result of two counts of tax evasion.
Mascherano had failed to declare earnings in 2011 and 2012 which amounted to €1.5million.
Reports emerged in Spain earlier on Thursday to suggest that Mascherano had been handed a year in prison and a significant fine, but the former Liverpool man says an agreement has been reached with the Treasury which gives him "peace of mind".
He has also suggested he could pursue legal action himself against the firm which he claims gave him poor advice and which led to the case being opened.
An official statement from Mascherano, published on Barcelona's website, read: "I want to clarify some issues related to recent news about myself.
"As of today, I have reached an agreement with the Spanish tax authorities. As such, with the legal side resolved and with the confidence of having sorted my financial situation, I want to issue a short explanation.
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