HomeWorld Football

Ronaldo Accepts Suspended Prison Sentence Over Tax Fraud, To Pay €19m Fine

Ronaldo Accepts Suspended Prison Sentence Over Tax Fraud, To Pay €19m Fine

Real Madrid and Portugal star Cristiano Ronaldo has reportedly accepted a suspended prison sentence to settle his tax fraud case.

Ronaldo was accused by Spanish prosecutors in June last year of defrauding tax authorities of €14.8m (£12.9m) which he denied when he appeared in court last summer.

But according to El Mundo, he has accepted a prison sentence and admitted his guilt, in exchange for a reduced charge.

He will also pay €18.8m (£16.4m) and having had no previous convictions, the reigning FIFA Player of the Year would not serve any time in jail.

Zenith Ziva

It was reported Ronaldo was initially demanded to pay the complete sum up he is alleged to have evaded up front, but an agreement has been reached to pay just €5.7m (£5m)

The rest of the total will be paid in fines and interests until it totals €18.8m.

Ronaldo is expected to lead Portugal when they open their 2018 World Cup account against Spain on Friday night.

completesports classifieds

Fastest Paying Betting Site in Nigeria: Grab your 140% First Time Deposit Bonus Now — www.Sportybet.Com

Copyright © 2021 Completesports.com All rights reserved. The information contained in Completesports.com may not be published, broadcast, rewritten, or redistributed without the prior written authority of Completesports.com.