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Sport

Cristiano Ronaldo Accused of Tax Evasion By Spanish Prosecutors

Gbolahan Adeyemi
By Gbolahan Adeyemi
Published: June 13, 2017
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Spanish prosecutors have accused the Real Madrid footballer Cristiano Ronaldo of defrauding the authorities of millions of euros in tax, BBC writes .

The prosecutor ‘ s office in Madrid says it has filed a lawsuit against the Portuguese player .

He is accused of evading tax of 14 . 7 m euros (GBP 13 m ; USD 16 m ) from 2011 to 2014 .

The world ‘ s highest- paid sports star had previously said he was not worried about tax investigations as he had nothing to hide .

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On this occasion he is accused of knowingly using a “business structure ” to hide income made from his image rights.

In December , leaked documents suggested that Ronaldo had avoided tax on income allegedly held in offshore accounts .
He denied the allegations.

When asked about that investigation , he told a journalist from Radio Television Portuguesa (RTP ) “Quien no debe no teme”, which roughly translates as “He who has nothing to hide has no fear. ”

Ronaldo is the world ‘ s highest- paid sportsperson for the second successive year , according to Forbes ‘ annual list of the world ‘ s wealthiest people .

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He earned USD 93 m ( GBP 72 . 05 m ) from salary , bonuses and endorsements last year .

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ByGbolahan Adeyemi
Entertainment News writer
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Gbolahan Adeyemi is a writer for Okay Nigeria. A budding individual with the strive to share and inform the masses with contents relating to their beliefs, lifestyle and all about the entertainment.
Previous Article Wow! Nigerian Lady Who Sold Kerosene In Lagos, Now Works With BBC – PHOTOs
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