— Cristiano Ronaldo Charged With Tax Fraud As Authorities Claim He Failed To Report Millions
— Cristiano Ronaldo facing jail over alleged tax fraud scheme
The world’s highest paid athlete, Cristiano Ronaldo, has been accused of tax evasion. The Real Madrid super star reeled in $93 million last year, putting him ahead of basketball giant LeBron James and La Liga rival, Lionel Messi.
Spanish Court Accuse Cristiano Ronaldo Of €14.7 Million Tax Evasion, Footballer Could Be Sent To Jail
First it was Neymar, then Lionel Messi, now it’s reigning World footballer of the year, Cristiano Ronaldo! -The Real Madrid and Portugal ace has been accused by courts in Madrid, Spain of evading tax up to the tune of €14.7 million between 2011 and 2014.
Ronaldo, 32, who just welcomed new twins and is Forbes highest earning sportsman for the second year in a row has been charged with four crimes against the public treasury.
According to a statement from the Madrid court’s prosecutor’s office,
”Ronaldo, a four-time Ballon d’Or winner, had used a business structure created in 2010 to hide the revenue generated by his image rights from the Spanish treasury, a voluntary and conscious breach.”
Gestifute, the multi-million dollars sports agency representing Cristiano Ronaldo, owned by Jorge Mendes, is yet to comment on the matter.
If Ronaldo is found guilty, he could be sentenced to prison (although suspended) like his rival, Lionel Messi, was last month fined $2.3m for defrauding the Spanish tax authorities and also received a 21-month suspended jail sentence.
In a statement, representatives of the world’s highest paid footballer said there had never been concealment, or the slightest intention to conceal, BBC reported.
“It is clear that the football player did not try to evade taxes,” Ronaldo’s Gestifute management company said.
It said that the footballer had not hidden any income from the tax authorities or defrauded Spain.
Ronaldo had previously said he was not worried about tax investigations as he had nothing to hide.