Cristiano Ronaldo Accused of $16M Tax Fraud in Spain

Spanish prosecutors have filed a lawsuit against Cristiano Ronaldo for alleged tax fraud of £13m (€14.7m) between 2011 and 2014.

Madrid's state prosecutor alleges that Ronaldo used a shell company in the Virgin Islands to "hide his total income" from the Spanish tax authorities.

The complaint came from AEAT, the Spanish tax authority, which claimed the Portuguese player defrauded €1.4m in 2011, €1.7m in 2012, €3.2m in 2013 and €8.5m in 2014. This is a developing story, more details to follow.

Argentinian forward Lionel Messi, who plays for Barcelona, and his father Jorge were convicted of tax fraud in Spain a year ago (16) and handed 21-month jail sentences.

Ronaldo's agency had previously said he was up to date on his taxes.

The prosecutor's office filed the lawsuit against Ronaldo yesterday to a court in the Madrid district of Pozuelo de Alarcon.

He is also the latest high-profile soccer player to run afoul of Spain's tax man.

Messi and Mascherano were found guilty of the charges but have avoided incarceration by paying back taxes and a fine - a common fate for first-time tax offenders in Spain. "All contractual modifications to [the] structure have been made to guarantee that the incomes fully observe the Spanish tax regulation".

Gestifute, the company owned by Ronaldo's agent Jorge Mendes, have so far been unavailable for comment. He led Real Madrid to the Spanish league championship this year and to a successful defense of their Champions League title. When asked about the reports last month, Ronaldo dismissed them and said he had nothing to fear.

Ronaldo, whom Forbes declared the world's highest-earning athlete in 2017, denies the allegations. Los Blancos became the first team to win the Champions League in back-to-back seasons, after defeating Juventus in the final, earlier this month. The sentence was confirmed by the supreme court last month, but Messi is unlikely to face jail time because sentences under two years can be served on probation.

Related Articles

  • Avalanche not identifying players protected from National Hockey League  expansion draft

    Avalanche not identifying players protected from National Hockey League expansion draft

    Should they select an RFA, the team they are selecting him from will not be eligible for compensation as they normally would be. Las Vegas will have a 72-hour window, starting on June 18, to negotiate with exposed restricted and unrestricted free agents.
    Conspiracy Theorists Think Lorde Is a Secret Onion Ring Critic

    Conspiracy Theorists Think Lorde Is a Secret Onion Ring Critic

    Now dive in - the account writer describes an onion ring as being "eaten ceremoniously on a plane from Tennessee to New York". As a part of the investigation, Bracewell-Worrall reached out to Lorde's team with a series of onion ring-related questions.

    Top 8 lines from Jeff Sessions' hearing

    This isn't good enough for Rhode, however, because Sessions can't prove he was unaware of the president's reason for firing Comey. US officials have said since December that the Kremlin interfered in the 2016 election so President Donald Trump could win.
  • Kershaw wins, Bellinger hits 2 homers as Dodgers top Indians

    Kershaw wins, Bellinger hits 2 homers as Dodgers top Indians

    McCarthy dropped a 2-1 decision against the Nationals last time out with a run scoring on two hits and two BB in seven frames. OF Joc Pederson was reinstated from the seven-day concussion disabled list and started in center field, going 0 for 4.

    Most Americans want 'aggressive' action on climate change: Reuters/Ipsos poll

    India had signed the Paris climate pact not because of pressure from any country or due to lure of money, she said. "Importantly, it is also out of step with what is happening in the United States".

    Institutional Portfolio Favorite in Spotlight: Cypress Semiconductor Corporation (NASDAQ:CY)

    Oregon Public Employees Retirement Fund stated it has 0.03% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). Finally, Hourglass Capital LLC raised its position in Cypress Semiconductor Corporation by 23.5% in the third quarter.
  • Bradley: Arena has restored US identity

    As for the next World Cup qualifying match, the USMNT looks ahead to return to home action against Costa Rica on September 1. All the lineup changes? Though they only had 26 percent of the ball, the USA even had their chances to win the game.
    Bella Hadid DGAF About The Weeknd, Spotted Getting Cozy With New Man

    Bella Hadid DGAF About The Weeknd, Spotted Getting Cozy With New Man

    She again wore the Cortez sneakers, wearing a pair with a red Nike swoosh to add a pop of color to her look. Well, for starters, he was born in New South Wales, Australia, and began modeling at the age of 14.

    Trump Again Refutes Comey's Claims

    He said he can also be interviewed by the special counsel who investigates Trump associates' ties to Russia , Robert Mueller. The Secret Service handled recording systems within the White House for past presidents, including Richard Nixon and John F.
  • 7 takeaways from Jeff Sessions testimony

    Leahy says Sessions gave false testimony to the Judiciary Committee about his own contact with Russian officials. But Sessions has not addressed this issue directly, nor broader questions about his relationship with Comey.
    EU tells May 'no time to lose' on Brexit talks

    EU tells May 'no time to lose' on Brexit talks

    May had also said she was ready to walk away from the Brexit negotiations without a deal, rather than signing up to a "bad deal". Ryanair has switched its investment focus away from the United Kingdom , and other companies are reconsidering their plans.

    North Korea releases jailed United States citizen Otto Warmbier

    The DPRK Supreme Court sentenced him to 15 years of hard labor last March after he tearfully confessed in a televised proceeding. Rodman was traveling with Volo and Columbia University geneticist Joe Terwilliger, who has accompanied Rodman on previous trips.