The Town striker published his statement on the Ipswich Town website.
In it he says that he will not contest the charges as he cannot afford the legal fees which are estimated to be at least £50,000.
The striker says he has extensive loans and cannot afford the money needed to clear his name.
More top news
Dry with clear or sunny spells. Winds easing overnight.
Very warm with sunshine. Chance of thundery showers late morning.
A hot, humid and sunny start before cloud increases as a narrow band of thunderstorms spreads northeast. These clear during the afternoon.