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.

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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.

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