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Cristiano Ronaldo Reportedly Accepts Two-year Suspended Prison Sentence and Fined Over €18 million to Settle Tax Evasion Case

Portuguese and Real Madrid soccer star, Cristiano Ronaldo has been given two years suspended prison sentence and fined over €18 million for tax evasion.

The Portuguese captain, who is leading his side at the FIFA World Cup 2018 in Russia right now, is however unlikely to serve any jail time since the Spanish law dictates that for a sentence of under two years for first offence can be served on probation.

The Real Madrid superstar was accused by Spanish prosecutors in June last year of defrauding tax authorities of €14.8m (£12.9m).

Ronaldo agreed to a deal with the Spanish State Bar and accepted the conditions imposed by the Tax Agency, reports El Mundo,

The Real Madrid superstar recognized four fiscal offenses, which resulted in a prison sentence of two years – six months for each crime – that does not imply effective compliance and payment.

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.

The agreement hasn’t yet been signed but once done will settle the long-running case.

 

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