Cristiano Ronaldo agrees to a two-year jail sentence and a big fine in tax evasion case

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The Portuguese soccer star Cristiano Ronaldo agrees with the Spanish prosecutors to a massive fine and prison sentence though he is unlikely to serve any time as he is a first time offender.

 

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Ronaldo left his mark on the Spanish league (La Liga) and became a legend of his side Real Madrid CF during the period of 2009 to 2018. He was accused by Spanish authorities for evading a lump sum amount of 14.7 million euros (about 17.1 million) in taxes during his time in Spain mostly between 2011 and 2014.

The prosecutors moreover alleged that Ronaldo set up a company in 2010 to manage his image rights in the British Virgin Island and then transferred the rights un second company in Ireland, just to confirm the Spanish tax authorities.

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Do check out: Reason Behind Cristiano Ronaldo’s ‘GOAT’ celebration

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