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.

Related Articles

  • No military solution in Afghanistan, UN chief says on Kabul visit

    No military solution in Afghanistan, UN chief says on Kabul visit

    Afghan security forces have beefed up security operations against militants recently across the country. The statements ruling out any Taliban hand in the bombings have fallen on skeptical ears in Kabul.

    30 people taken to London hospitals after fire

    There has been no word from emergency services as to whether people are trapped inside the building or not. At least 200 firefighters and 40 engines are still on the scene of the huge fire trying to douse it.
    USA  not winning in Afghanistan: Defense Secretary

    USA not winning in Afghanistan: Defense Secretary

    They also said the military will ramp up intelligence gathering in Nagarhar province, where most of the ISIS operatives are located.
  • President says Sessions did 'very good job,' comments on Mueller rumors

    President says Sessions did 'very good job,' comments on Mueller rumors

    SESSIONS: Senator, I'm protecting the president's constitutional right by not giving it away before he has a chance to review it. Senator, said Sessions' refusal to answer questions amounted to "impeding" and "obstructing" congressional investigations.
    May to form new government after losing parliamentary majority

    May to form new government after losing parliamentary majority

    Instead, the result has sown confusion and division in British ranks, just days before negotiations are due to start on June 19. Corbyn's Labour Party picked up 29 seats, embarrassing May after her decision in May to call the snap election.

    Will Warriors skip White House visit over Trump policies?

    Traditionally, college and professional championship teams have made the trek to the White House to be saluted by the President. Even their coach Steve Kerr has been critical of the new POTUS.
  • Attorney General Jeff Sessions Will Testify Publicly Before Senate Intelligence Committee

    Attorney General Jeff Sessions Will Testify Publicly Before Senate Intelligence Committee

    Trump has suggested there might be tapes of his encounters with Comey; Comey said last week that "lordy" he hopes there are. Sessions will respond to Comey's testimony before the Senate Intelligence Committee on Tuesday.
    Is The British Pound Still Falling? Election Brings Uncertainty To English Currency

    Is The British Pound Still Falling? Election Brings Uncertainty To English Currency

    May and her team of ministers retain full legal powers and will continue heading the government, until a new one is sworn in. But as Gardner warns, without getting the strong majority she wanted, May remains beholden to the Euroskeptics in her party.
    US 'not winning' in Afghanistan, Mattis tells Congress

    US 'not winning' in Afghanistan, Mattis tells Congress

    Joseph Dunford (L) and Defense Secretary James Mattis prepare to testify before the Senate Armed Services Committee on Tuesday. There are now over 10,000 United States troops deployed in the country, and the U.S. is spending $3.1 billion per month there.
  • Bernie Sanders Congratulates Jeremy Corbyn On UK Election Gains

    Bernie Sanders Congratulates Jeremy Corbyn On UK Election Gains

    Mrs May says she will form a government with the Democratic Unionist Party from Northern Ireland, which won 10 seats. It's unclear what role the attacks and their aftermath played in the election result.

    Huge fire breaks out in London apartment building

    The London Fire Brigade said on Twitter they were responding to a fire on the Lancaster West Estate after multiple calls. Police have turned a church near the scene of a massive west London high-rise fire into a makeshift center for evacuees.
    EDITORIAL Another Cup of cheer for Penguins

    EDITORIAL Another Cup of cheer for Penguins

    And the only rookies to ever post a shutout in the final series were Patrick Roy, in 1986, and Cam Ward, in 2006, with one apiece. Grammy winners Cage the Elephant performed during the second intermission after playing at Bonnaroo on Friday night.