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Real Madrid's Cristiano Ronaldo agrees €18.8m fine in tax case - sources

Source: espn.com/soccer/real-madrid/story/3532045/real-madrids-cristiano-ronaldo-agrees-188m-fine-in-tax-case-sources - Jun 19, 2018

Real Madrid forward Cristiano Ronaldo has reached a deal with the Spanish tax authorities that sees the Portugal captain admit wrongdoing over his image rights income and agree to pay a total of €18.8 million, sources have confirmed to ESPN FC.

Under the terms of a deal first reported by El Mundo on Friday, and which sources close to the player say has been closed between the two negotiating teams, Ronaldo has accepted responsibility for four different breaches of Spanish tax laws and also provisionally accepted a two-year suspended prison sentence.

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Category: General Business