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World Cup winner Fabio Cannavaro 'investigated for tax fraud'

Italy World Cup winner Fabio Cannavaro is reportedly under investigation over alleged tax fraud.

Italy World Cup winner Fabio Cannavaro is reportedly being investigated by the country's financial police over suspected tax fraud.

The 41-year-old, who guided Italy to World Cup glory as captain back in 2006, is believed to have had assets worth £711,000 seized by the authorities.

According to news agency AFP, the sum is related to an investigation looking into a luxury boat rental business that the former defender ran with his wife.

In the summer, Cannavaro carried out punditry duties for the World Cup in Brazil with ITV.

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Italian forward Alessandro Del Piero (L) shoots the ball past German goalkeeper Jens Lehmann (R) for his team's second goal in extra time during the World Cup semi-final on July 4, 2006
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