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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.
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