Italy's 2006 World Cup winning captain Fabio Cannavaro is under investigation for suspected major tax fraud.

The former Juventus and Real Madrid defender has had assets worth over £700,000 (€88,700) seized.

Those actions are in connection with an investigation into a luxury boat rental business which Cannavaro ran with his wife.

Prosecutors allege that Cannavaro and his wife may have avoided paying more than €1 million in tax.

Cannavaro retired in 2011 and was one of ITV's pundits at the 2014 World Cup in Brazil.