Front Page

Cristiano Ronaldo Accused of 14.7 Million Euros Tax Evasion

Real Madrid star Cristiano Ronaldo has been accused by Spanish prosecutors of defrauding the authorities of millions of euros in tax.

The prosecutor’s office in Madrid says it has filed a lawsuit against Cristiano Ronaldo.

The Portuguese player is accused of evading tax of 14.7 million euros ($16 million) from 2011 to 2014.

The world’s highest-paid sports star had previously said he was not worried about tax investigations as he had nothing to hide.

Image source Wikimedia

On this occasion Cristiano Ronaldo is accused of knowingly using a “business structure” to hide income made from his image rights.

In December, leaked documents suggested that Cristiano Ronaldo had avoided tax on income allegedly held in offshore accounts.

The soccer player denied the allegations.

When asked about that investigation, Cristiano Ronaldo told a journalist from Radio Television Portuguesa (RTP): “He who has nothing to hide has no fear.”

According to Forbes‘ annual list of the world’s wealthiest people, Cristiano Ronaldo is the world’s highest-paid sportsperson for the second successive year.

In 2016, Cristiano Ronaldo earned $93 million from salary, bonuses and endorsements.

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago