close_game
close_game

Cristiano Ronaldo pays $21.6 million fine for tax evasion, avoids jail

Madrid | ByReuters
Jan 22, 2019 05:06 PM IST

Cristiano Ronaldo, who played for Real Madrid from 2009-18, agreed to settle the case by paying an $21.6 million fine and accepting a suspended jail sentence

Portuguese soccer star Cristiano Ronaldo was fined almost 19 million euros ($21.6 million) for tax fraud on Tuesday but will avoid serving a 23-month prison sentence after agreeing a deal.

Cristiano Ronaldo arrives with his girlfriend Georgina Rodriguez to appear in court on a trial for tax fraud in Madrid.(REUTERS)
Cristiano Ronaldo arrives with his girlfriend Georgina Rodriguez to appear in court on a trial for tax fraud in Madrid.(REUTERS)

Ronaldo, holding hands with his Spanish fiancee Georgina Rodriguez, came out of the court room smiling, pausing to sign autographs before leaving in a black van.

The 33-year-old Juventus forward, who played for Real Madrid from 2009-18, agreed to settle the case by paying an 18.8 million euro fine and accepting a suspended jail sentence.

Under Spanish law, a first offender can serve anything less than a two-year sentence under probation and Ronaldo will not have to go to prison.

His court appearance lasted about 15 minutes as the five-time world footballer of the year only needed to sign off on the previously settled agreement.

Also read: Cristiano Ronaldo misses penalty as Juventus beat bottom side Chievo

Earlier, Ronaldo’s former Real Madrid team mate Xabi Alonso walked in to face own tax fraud case with his hands deep in his suit pockets. “Yes, all good,” was his only response to reporters’ questions.

Ronaldo had to enter the courtroom through the front door after his request for special security measures to avoid the spotlight was denied on Monday.

In 2017, Ronaldo denied the accusation that he knowingly used a business structure to hide income generated by his image rights in Spain between 2011 and 2014.

After reaching the deal, he paid a fine of 5.7 million euros, plus interest of about 1 million euros, in July 2018, the prosecutor’s office said last week.

Stay updated with the latest sports news, including latest headlines and updates from the Olympics 2024, where Indian athletes will compete for glory in Paris. Catch all the action from tennis Grand Slam tournaments, follow your favourite football teams and players with the latest match results, and get the latest on international hockey tournaments and series.
Stay updated with the latest sports news, including latest headlines and updates from the Olympics 2024, where Indian athletes will compete for glory in Paris. Catch all the action from tennis Grand Slam tournaments, follow your favourite football teams and players with the latest match results, and get the latest on international hockey tournaments and series.
SHARE THIS ARTICLE ON
SHARE
close
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
Get App