Tuesday , November 21 2017 2:43 am
Home / Sports / Cristiano Ronaldo accused of tax evasion

Cristiano Ronaldo accused of tax evasion

Spanish prosecutors have accused the Real Madrid footballer Cristiano Ronaldo of defrauding the authorities of millions of euros in tax.

The prosecutor’s office in Madrid says it has filed a lawsuit against the Portuguese player.

He is accused of evading tax of 14.7m euros (£13m; $16m) 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.

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

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

He denied the allegations.

When asked about that investigation, he told a journalist from Radio Television Portuguesa (RTP) “Quien no debe no teme”, which roughly translates as “He who has nothing to hide has no fear.”

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

He earned $93m (£72.05m) from salary, bonuses and endorsements last year.

 

 

Source: BBC

Check Also

Central government endorses Sports Minister’s vision of establishing Sports Fund

The Central Government of Ghana under the leadership of His Excellency Nana Addo Dankwa-Akufo Addo …

Ghana FA spokesperson Ibrahim Sannie-Daara gets CAF job to serve on new Media Experts Panel

Ghana Football Association deputy General Secretary and spokesperson Ibrahim Sannie-Daara has been appointed to serve …

Musah Nuhu and Nicholas Mensah Optimistic about the Future

Wednesday, 15th November’s edition of Ahotor FM’s Academic and Professional sports hosted two prolific Ghanaian …

Leave Your Comment

%d bloggers like this: