Ronaldo ready to pay $16.42m to avoid punishment in tax fraud case


Cristiano Ronaldo is ready to pay the $16.42m he is accused by Spanish Tax authorities. The star footballer is ready to make a pact with the judge to avoid the possibility of going to prison, according to reports on Cadena COPE.

If the judge sees a crime and the Portuguese forward decides not to make a pact and to go to court, he would run the risk of going to prison for the four counts of tax fraud he’s accused of.

Ronaldo is cited to appear in court to give evidence in the case in which he’s accused of tax evasion on July 31 at 1100 hours local time.

According to the reports, Rolando will reiterate at the hearing on July 31 that he is innocent and has never hidden any income from the taxman or committed any tax fraud in Spain.

Read: after-messi-spanish-tax-authorities-go-after-ronaldo

The Spanish prosecutor has said that the Real Madrid forward knowingly used a business structure to hide his image rights income in Spain between 2011 and 2014. Ronaldo has denied the charges.

Ronaldo is the world’s highest-paid sports-person for the second successive year, according to Forbes’ list.

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