Sports

Spanish prosecutors file a tax fraud lawsuit against Ronaldo

Spanish prosecutors file a tax fraud lawsuit against Ronaldo

The statement released on Tuesday, by the prosecutor's office said Ronaldo had used a "business structure" which was created in 2010 to hide his income details in Spain from his image rights.

Ronaldo's agency, GestiFute, had previously maintained he was up to date on his taxes.

Additionally, the prosecutor said Ronaldo "intentionally" failed to declare income of 28.4 million euros linked to the sale of his image rights from 2015-2020 to a Spanish company.

Real Madrid star Cristiano Ronaldo has a legal situation to address, as it was reported Tuesday that he's been accused of tax fraud by Madrid's regional state prosecutor.

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Britain held a moment of silence for the victims on Monday, with emergency service workers bowing their heads in respect. The fire has led to national soul-searching about inequalities and neglect of the poor.

Representatives of Ronaldo in response said that there had never been concealment, or the slightest intention to hide.

"Ceding image rights to (Tollin Associates) was completely unnecessary and its only goal was to create a screen to hide the totality of his image rights income from the Spanish tax authorities", the statement said.

After being named the world's highest-paid athlete by Forbes, banking $93 million over the last 12 months, soccer star Cristiano Ronaldo is being accused of tax evasion.

"It is clear that the football player did not try to evade taxes", Ronaldo's Gestifute management company said.

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The incident comes at a time when emotions are high in the United Kingdom , in the wake of a series of deadly terrorist attacks . An imam guarded the van driver who mowed down Muslim worshippers until the police arrived, telling a crowd: "Do not touch him".

On top of that, the prosecutors accused Ronaldo of falsely claiming the income came from real estate, which reduced the amount of taxes he had to pay.

Argentina global and Barcelona forward Lionel Messi was sentenced to a 21-month jail sentence and 2.09- million-euro fine past year for tax fraud. However, they did not serve any time as they were both considered first-time offenders.

Ronaldo was the highest earning athlete in the world a year ago, according to Forbes, making 77 million euros.

Ronaldo earned £72 million from salary, bonuses and endorsements in 2016 and is now the world's highest-paid sportsperson.

US Open champion Brooks Koepka reveals helpful call from Dustin Johnson
Open , wasn't going to rattle the muscular Floridian, no matter how much fescue, distance and sharp edges the course can dish out. Rickie Fowler is confident of "getting the job done" after resurrecting his hopes of a maiden major at the US Open today.

The 32-year-old also has a lifetime deal with Nike which is worth a whopping £790m. The Portuguese forward scored 42 goals in all competitions this season, including two in the Champions League final as Real became the first team to retain the title.


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