Cristiano Ronaldo
Cristiano Ronaldo

Cristiano Ronaldo To Pay £17m Fine For Tax Evasion

Cristiano Ronaldo To Pay £17m fine for Tax Evasion in Spain

Felix Egbomuche

Felix Egbomuche

Cristiano Ronaldo has been fined £17m and a two-year jail sentence for tax fraud in Spain.

While Ronaldo is expected to pay the fine, he would not be serving time in prison because of Spanish law which allows a judge to suspend jail time for first-time offenders with two years sentence or below.

The Portuguese star bagged the sentence after pleading guilty to tax fraud during his time in Spain.

Ronaldo appeared before a Spanish court in Madrid on Tuesday where the judgment was made.

The forward who Joined Juventus from Spanish giants, Real Madrid, last summer was charged of four counts of tax fraud from the period of 2011 to 2014 by a state prosecutor. The 33-year-old was said to have hidden €14.7m (£13m/$17m) in shell companies outside of Spain.

The former Manchester United man had struck a deal with Spanish authorities last year after initially denying the accusations.

Jose Mourinho, Javier Mascherano, Lionel Messi, Alexis Sanchez, Radamel Falcao and Ronaldo's former teammates Marcelo, Luka Modric, Ricardo Carvalho, Fabio Coentrao, and Angel Di Maria have all faced similar accusations by Spanish authorities.

Happenings Media