Why Dani Alves can not afford the bail price of 1 million euros despite the fortune of more than 50 million euros

Former Brazilian footballer Dani Alves he remains in custody at the time of writing, despite being granted €1m bail last week, as his rape conviction awaits appeal.

Alves is apparently unable to pay the fee himself, with his family apparently looking for a loan to get him out of jail after 14 months in jail now. The initial damage fee of €150,000 paid to the victim was covered by Neymar Junior and his family, but they refused to pay his bail after the conviction.

This is all despite Alves has amassed a fortune of over €50 million on a career that had spanned more than two decades. MD detail that the reason Alves cannot access that money is due to the fact that most of it is in Brazil, and as he has not paid the maintenance of the child is due to his ex-wife and the two children of Dinorah Santana, their accounts in Brazil have been frozen, and they are unable to withdraw money.

This is where most of his fortune is located, while he has two bank accounts in Spain, one of which is empty. The other contains €50k, but is under a legal embargo, and is clearly insufficient. Therefore, the Alves family is currently looking for a line of credit to activate the bail.

Alves was convicted of rape and sentenced to four and a half years in prison, in addition to the damages paid, and also given a restraining order and probation in the fulfillment of his sentence. The defense has appealed seeking a not guilty verdict, while the prosecution is seeking to double its sentence, and the victim is seeking the maximum term of 12 years.