Ronaldo accepts 2 years in prison, 18.8 million euro fine in tax case
Fri, Jun 15, 2018 | By publisher
Sports Briefs
REAL Madrid forward, Cristiano Ronaldo, has reached a deal with the Spanish tax authorities to serve two years in prison in a tax evasion case.
The El Mundo Newspaper reported on Friday that the player would also pay 18.8 million euro (16.41 million pounds) fine.
According to the publication, Ronaldo accepted four fiscal offences before the tax authorities, each of which carries a punishment of six months in prison.
But, Ronaldo is unlikely to serve any time in jail under the deal because Spanish law states that a sentence of under two years for a first offence can be served on probation.
The 33-year-old Portuguese footballer, who is accused of evading 14.7 million euros in taxes, has denied all the allegations through his agents.
The news dropped just hours before Portugal’s opening match of the World Cup against Spain. (Reuters/NAN)
Jun. 15, 2018 @ 17:35 GMT |
Related Posts
Former Sheff Utd defender Baldock dies aged 31
FORMER Sheffield United defender George Baldock has died at the age of 31. The England-born Greece international was found dead...
Read MoreEffective facilities management key to sports excellence- Minister
THE Minister of Sports Development, John Enoh, emphasised the crucial role of intentional facilities management in ensuring the safety of...
Read MoreClark breaks WNBA’s single-season assist record
CAITLIN Clark broke the WNBA’s single-season assist record as the Indiana Fever lost 78-74 at home to the Las Vegas...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.