Portuguese football player Cristiano Ronaldo has reached a deal with Spanish authorities to end Spanish tax case.
In 2016 the the Real Madrid superstar, Cristiano Ronaldo was reported as a property investor in Monte-Carlo. According to Spanish newspaper Marca, the Portuguese star had purchased a hotel in the “most exclusive area” of Monte Carlo for €140 million.
The news and the considerable high sum got a lot of attention and Cristiano Ronaldo had plans to sue a consultant accused of allegedly presenting false information about the Portuguese international’s business deals.
In the same year Ronaldo, Falcao and Mourinho are implicated in a massive tax evasion scheme, according to Football Leaks. Cristiano Ronaldo has concealed 150 million euros in tax havens over the past seven years, according to Mediapart, who participated in Football Leaks.
Ronaldo had previously denied all the charges through his agents.
Yesterday, Cristiano Ronaldo agreed to pay a fine for tax evasion, and accept a two-year jail term. However, he is extremely unlikely to serve any time in prison because Spanish law states that a sentence of under two years for a first offence can be served on probation.