Luis Filipe Vieira, who suspended his duties as president of Benfica last week after being detained as part of an investigation into alleged tax fraud and money laundering, has resigned, the Portuguese club said in a statement.

Vieira, who ran the club for 18 years, said in a letter to the chairman of the board that he was no longer in a position to carry out his duties after his arrest.

“The directors of … Benfica appeal for (fans) to unite around their common objectives and the safeguarding of the higher interests of the club,” Benfica said in a statement on their website, adding the board would meet on Friday to finalise the leadership changes.

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Vieira, 72, was taken into custody on July 7 for questioning over deals worth more than 100 million euros ($118 million) that may have caused large losses to the…

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