Cristiano Ronaldo will have to choose between a multimillion-dollar fine or going to jail.
Football player Cristiano Ronaldo is trying to reach an agreement with the Spanish Ministry of Finance and Public Administrations to avoid a prison sentence and to end the investigation; CR7 proposed paying 14 million euros (approximately 61 million reais) to the Spanish Treasury, which accuses him of having defrauded income tax of 14,7 million euros, but his offer was rejected.
Sputnik Brazil - The Portuguese player for Real Madrid faces the obligation to pay 28 million euros (approximately 122 million reais) for alleged tax fraud.
Cristiano Ronaldo is trying to reach an agreement with the Spanish Ministry of Finance and Public Administrations to avoid a prison sentence and to end the investigation. The player proposed paying 14 million euros (approximately 61 million reais) to the Spanish Treasury, which accuses him of having defrauded income tax of 14,7 million euros, but his offer was rejected. Finally, adding fines, legal expenses and interest — the amount corresponds to 28 million euros.
Real Madrid will not provide assistance.
The Portuguese player has two options: pay the fine before June 15th or face criminal court to answer for the tax fraud offense after the World Cup.
In the worst-case scenario, the player could receive an 8-year prison sentence. This is, for example, the sentence that the prosecution is requesting for former soccer player Xabi Alonso for alleged fraud, although it is much less than that of CR7.
Real Madrid has made it clear to Ronaldo that it will not bear the cost of the alleged fraud. According to the newspaper AS, the club's reasons are ethical, as this will serve as an example for future similar cases.
In June 2017, the club's star player was accused of allegedly creating a corporate structure to hide income generated in Spain from image rights from the Treasury. The transgressions were allegedly committed "voluntarily" and "consciously" between 2011 and 2014, according to the complaint.