Sports

Ronaldo to plead guilty to tax fraud

MADRID, Jan 21 (Agencies) | Publish Date: 1/21/2019 11:51:15 AM IST

Cristiano Ronaldo is expected to plead guilty to tax fraud in a Madrid court on Tuesday.

The Juventus forward will appear before a judge and receive a suspended two-year sentence as part of a deal struck with Spain’s state prosecutor and tax authorities last year. The agreement will cost him nearly €19m (£16.8m) in fines.

In 2017, a state prosecutor accused Ronaldo of four counts of tax fraud from 2011-14 worth €14.7m (£13m). Ronaldo was accused of having used shell companies outside Spain to hide income made from image rights.

The Portuguese player told a judge he never tried to avoid taxes. Ronaldo’s presence in court on Tuesday is not expected to last long. Officials said he declined an option to address the court via video conference.

 

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