Ronaldo Avoids Jail Time, Will Pay 19m Fine For Tax Fraud

Ronaldo Avoids Jail Time, Will Pay 19m Fine For Tax Fraud

Cristiano Ronaldo has agreed to a deal with the Spanish tax authorities of a two-year suspended prison sentence and a fine of €18.8m.

The Juventus star has been involved in a long saga over tax issues with Spanish authorities.

Ronaldo pleaded guilty to tax evasion of €5.7m between 2011 and 2014 last June, following accusations from a Spanish state prosecutor in 2017.

The former Real Madrid man had originally denied the charges last July, which claimed he had used offshore shell companies to conceal income from image rights.

Ronaldo will pay a further €13.1m in court fees as well as interest fines.

The Portugal captain denied any misconduct, and during a closed-door hearing he told Spanish judge Monica Gomez: “I have never hidden anything, and never tried to avoid taxes.”

An agreement has been reached today with the key authorization of the Spanish treasury Hacienda effectively putting the issue to bed after two years.

The Juve star is presently in China promoting his Nike CR7 brand.

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