Cristiano Ronaldo fined €3.2 million in tax evasion case

by Leon Thompson July 28, 2018, 2:02
Cristiano Ronaldo fined €3.2 million in tax evasion case

Portugal's forward Cristiano Ronaldo sticks his tongue out during the Russian Federation 2018 World Cup Group B football match between Portugal and Morocco at the Luzhniki Stadium in Moscow on June 20, 2018.

The 33-year-old former Real Madrid striker, who moved to Juventus this month, appeared in court last July near Madrid to answer four counts of tax evasion.

The Portuguese star's management company, Gestifute, initially denied the allegations and he had gone on to avoid any comments on the subject throughout numerous press conferences during his time in Spain.

Spain's Treasury and Prosecutor still consider that Ronaldo should be handed down a prison sentence because, even if he does not have to serve time, he would have a criminal record which would act as a deterrent toward re-offending at that time. The amount is likely to be only part of the €19 million total he will repay.

Syria's Assad set to recover Golan frontier as surrender deal agreed
It even brokered a deal this week to evacuate thousands of besieged people from a pair of pro-regime towns in northwest Syria. Insurgents affiliated with the Islamic State group also hold a sliver of territory on the southern tip of the region.

The Spanish tax agency has agreed to a deal struck between Cristiano Ronaldo, state prosecutors and the Solicitor General's Office by which the soccer player will pay a fine of almost €19 million and be convicted to a two-year prison sentence.

The prison sentence was later reduced to a further fine of 252,000 euros (RM1.191 million), equivalent to 400 euros (RM1,900) per day of the original term.

Under Spanish law, he was allowed to exchange the penalty for a fine.

Ronaldo's greatest rival Lionel Messi also faced similar charges in 2017 as he and his father failed to pay KSh 480 million (€4.1m) in image rights.

Recommended News


TOP News

European Union antitrust regulators fine Google record US$5 billion
In the end, the Commission found that Google violated European Union antitrust laws and has given the company 90 days to clean up its act.

Ruby Rose thinks Demi Lovato will come out 'stronger' after suspected overdose
A spokesperson for the Los Angeles Police Department confirmed to PEOPLE that the 25-year-old is not being investigated by police. Demi has also spoken out in the past about her battles with bulimia, bipolar disorder and addiction.

Manchester United Ready To Launch £65m Bid To Sign World Cup Star
Maguire has forged a reputation as one of the Premier League's best ball-playing defenders during his time at Hull and Leicester. Anthony Martial has been told he can leave Manchester United - but only for the right club and the right price.

European Union agrees to buy more United States soy, import more liquified gas
He's felt the impact of the trade wars directly as milk prices plummeted again this year following a long downward slide. They also agreed to increase trade in services and agriculture, including greater U.S. soy bean exports to the EU.

Longest Lunar Eclipse of the Century
Part of the Moon's shadow fell near the South Pole, so partial coverage of the Sun was visible in parts of southern Australia. The Moon will be gradually covered by the Earth's shadow and the totality phase will begin at 1h 00m IST on July 28.

LA police arrest suspect after deadly hostage standoff
Regardless of who fired the shots, Atkins could be prosecuted for murder because her death stemmed from his alleged crimes. The standoff made for a chaotic scene in the Silver Lake area. 'Gunman got out and started shooting at the cops.

Andy Harris praises Trump's Russian Federation summit, bashes press
Today, he said he accepted that Russian Federation was involved in election meddling. "I think he's a very bad person". I was clumsy in how I said it yesterday, because I didn't want to insult him.

UK's new Brexit envoy optimistic, as EU warns of Brexit crash
While praising May's "courage and resilience", Johnson said her Chequers plan would see the United Kingdom in "miserable limbo". The MP for Uxbridge and South Ruislip resigned last week days after Cabinet ministers signed up to the PM's Chequers plan.

Nerve-agent victim released from British hospital after poisoning
Queen Elizabeth Gardens has been sealed off while teams of investigators conduct forensic searches throughout the park. As it turned out, while walking down the street Rowley and Sturgess found a bottle, which they thought was perfume.

Guardiola praises Joe Hart and hints at Man City stay
Guardiola has challenged last season's PFA Young Player of the Year to prove his worth for both club and country by eclipsing the heights he reached in the previous campaign.