Ronaldo charged with tax fraud by Spanish state prosecutor

Ronaldo charged with tax fraud by Spanish state prosecutor

Additionally, the prosecutor accused Ronaldo of declaring €11.5m ($12.8m) earned from 2011-14 in a tax return filed in 2014, when the prosecutor said Ronaldo's real income during that period was nearly €43m ($48m). "There has never been any hiding nor any intention to hide anything".

In a statement released Tuesday by public treasury officials, Ronaldo is accused of "four crimes against the public treasury between 2011-2014... which involves tax fraud of 14,768,897 euros (USD $65.5 million/GBP 12.9 million)".

Ronaldo is the latest high-profile footballer to have his tax affairs challenged by the Spanish authorities.

In January Ronaldo cited the pressure of the scrutiny when he was awarded the prestigious Balon D'Or award for soccer's best player.

Cristiano Ronaldo has been accused of tax fraud worth 14.7 million euro.

The Hacienda also accused him of "voluntarily" refusing to include €28.4m of income linked to the sale of his image rights for the 2015 to 2020 period to a Spanish company.

Real Madrid and the agency representing the player, Gestifute, have both declined to comment.

Tollin Associates then gave up his image rights to a company in Ireland called Multisports&Image Management Ltd.

Ronaldo is not the first Spanish football player to be hit with tax fraud accusations.

Mendes's company, Gestifute, denied that his clients had avoided paying tax. 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. He led Real Madrid to the Spanish league championship this year and to a successful defense of their Champions League title.

The prosecutor's office in Madrid filed a lawsuit that alleges that the 31-year-old knowingly used offshore accounts to hide income from his image-rights payments.

"Cristiano's lawyers consider that regarding what the solution to this case ends up being - as well as their consequences - they should be confined to the administrative field rather than the criminal one", the statement said.

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