England coach Capello probed for tax fraud

England football coach Fabio Capello is being investigated for tax fraud by prosecutors in the northern Italian city of Turin, a legal source said on Wednesday.

The source said the investigation had been going on for around a year and involved whether Capello should have been paying Italian taxes on money, earned from sponsors, which the coach was holding in Luxembourg.

Investigators have been looking at documents from the time Capello was coach of AS Roma between 1999 and 2004 and Juventus between 2004 and 2006.

The English FA issued a statement saying: "It is our understanding that the Italian tax authorities are currently following a procedure of looking into the finances of numerous high-profile individuals, especially in sport.

"We have spoken to Fabio and his advisors about the newspaper reports in Italy. They have explained the facts. They have also given their assurances that Fabio's tax payments are in order. The FA has no further comment to make."

ROSSI PROBED

Several top Italian sports personalities have been investigated by tax authorities including former MotoGP world champion Valentino Rossi, who was probed because he was based in Britain while also spending a significant amount of time in Italy.

Capello was appointed England coach in December having won domestic titles with all four of the clubs he managed -- AC Milan, Real Madrid, AS Roma and Juventus.

The 61-year-old's last job was as boss of Real Madrid for a second time, where he was sacked last June despite helping the club to the championship.

As well as living in Spain for a time, he has a home north of Milan and also owns a house in Switzerland.

"It is a tax inspection sparked by controls on the balance sheet of Juventus, a part from some time ago and is known to everyone," Capello's son and agent Pierfilippo told Gazzetta dello Sport's Web site .

"It follows the modus operandi adopted up to now to check the earnings of famous people. One of the reasons for this method is that these people, like my father, often change residence because of work."

He also told Sky Sports News: "My father is innocent and we are really confident we will be able to demonstrate this simply and quickly."

Chelsea complete Ivanovic signing

Chelsea completed the signing of Serbia defender Branislav Ivanovic from Lokomotiv Moscow on a three-and-a-half year deal, the club said on Wednesday.

The 23-year-old, capped nine times, is a versatile defender whose displays for club and country over the last two years have attracted interest from some of Europe's top clubs.

He has been outstanding in his time in Moscow and featured in the later stages of Serbia's unsuccessful qualifying campaign for Euro 2008.

Ivanovic, playing as an over-age player, also captained the Serbia side that finished runners-up to Netherlands in last year's European under-21 championship.

"It is the dream of every footballer to want to move on and improve yourself and the ultimate is to play for such a big team as this," he told Chelsea's Web site .

He becomes Chelsea's second major signing in the transfer window following the arrival of Nicolas Anelka from Bolton Wanderers last week for 15 million pounds.