Cristiano Ronaldo Accused Of €14.7 Million Tax Evasion; Could Face Jail Sentence
Tax evasion seems to be a ‘do without’ for world top footballer, as it has been recorded in the past of similar cases of evasion by footballers like Neymar and Lionel Messi, now it is the Real Madrid, Portugal ace player and reigning World footballer of the year, Cristiano Ronaldo.
He was 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 Lionel Messi, was last month fined $2.3m for defrauding the Spanish tax authorities and also received a 21-month suspended jail sentence.