Ronaldo ready to pay 14.7 mln euros in Spanish tax fraud case

Ronaldo ready to pay 14.7 mln euros in Spanish tax fraud case

The Portuguese manager owes Spanish tax authorities 3.3 million euros ($3.7 million), a Madrid prosecutor said in a statement, adding it had presented a claim to a local court.

Ronaldo is now under official investigation and will have to appear in the Pozuelo de Alarcon court No. 1 on July 31.

The four-time Ballon d'Or victor is alleged to have created a "business structure" in 2010 to hide his earnings from image rights between 2011 and 2014.

REAL Madrid president Florentino Perez has admitted he expects Cristiano Ronaldo to remain at the Bernabeu - but stopped short of confirming the Portugal superstar definitely will.

They were strong words of support for Ronaldo from Perez and now Spanish newspaper AS are suggesting the intervention has led to a softening of the player's stance on leaving Real Madrid.

Ronaldo has been linked with a return to Manchester United having been "outraged" by what he feels is unfair treatment by Spanish tax authorities, making him determined to leave the country. The 4-time Ballon d'Or victor was linked with a return to Manchester United, while moves to Paris Saint-Germain and other cash-rich clubs were also speculated.

"Normally we don't comment on rumours, but in this case, we would like to make our position on Cristiano Ronaldo absolutely clear: This rumour is completely unfounded and must be consigned to the realms of fantasy". I can only say that we all have to fulfil our obligations when it comes to taxes.

The two will discuss the issues unsettling Ronaldo further after his commitment to the national team at the Confederations Cup this summer ends, but it does appear that Ronaldo is a lot happier in the Spanish capital than he was just a few days ago.

"I'm a Man United fan, and my kids love him, so I hope that he'll be back".

Spanish prosecutors had filed a lawsuit against the player accusing him of defrauding tax authorities of €14.7 million by hiding his image rights income between 2011 and 2014.

Ronaldo has helped Real win the Champions League thrice, scoring twice in last month's final as they became the first club to retain the title, and he is also the competition's record goal scorer with 105 strikes.

Related news:

Hot News

HSS Hire Group PLC (HSS) Receives GBX 71.60 Consensus PT from Analysts
Jun 22, 2017 - 08:20
Shares of Electrocomponents plc ( LON ECM ) traded up 0.17% during mid-day trading on Thursday, reaching GBX 606.50. In analysts report shared with investors on 14 June, Centrica PLC (LON:CNA) stock "Reduce" was reaffirmed at HSBC.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Price Target & Stock Check
Jun 22, 2017 - 08:19
The fund owned 54,441 shares of the real estate investment trust's stock after buying an additional 412 shares during the period. Analyst Ratings This is a summary of current ratings for Welltower and Physicians Realty Trust , as reported by MarketBeat.

isis-killer-beheading-video-story-top Trump claims credit for Arab countries cutting ties with Qatar
Jun 22, 2017 - 08:19
Tillerson has experience in Saudi Arabia and other countries involved in the dispute from his time as the former Exxon Mobil CEO. To some analysts, President Trump's recent visit to Saudi Arabia only encouraged this boldness - against Qatar and Iran.

isis-killer-beheading-video-story-top Puerto Rico overwhelmingly votes for possible statehood
Jun 22, 2017 - 08:17
But other spectators booed, including Nanchelle Rivera, 28, of Orlando. The US Congress would need to approve any upgrade to statehood.

Sebastian Vettel 'a bit unfortunate' with opening lap contact
Jun 22, 2017 - 08:16
Vettel in the end came close , though not enough ultimately to take pole and second was the order for the day. However, the Red Bull suffered an electrical failure on lap 11, which promoted Bottas to the second position.

Trump, new Saudi crown prince vow to ease tension with Qatar
Jun 22, 2017 - 08:12
The new interior minister is Mohammed bin Nayef's nephew, while Mohammed bin Salman is the former crown prince's cousin. The Saudi king called for a public pledging of allegiance to the new crown prince early on Wednesday, the channel said.

PM Theresa May confident of securing deal to stay in power
Jun 22, 2017 - 08:09
Under Northern Ireland's power-sharing agreement, the government there must be run by Irish nationalists and unionists together. DUP leader Arlene Foster has said she wants a "sensible Brexit" that works for the United Kingdom and the Republic of Ireland.

Trump to make announcement on any Comey tapes this week: White House
Jun 22, 2017 - 08:08
Spicer added that when they have an announcement regarding personnel, the administration will let the press know. As per Politico and Bloomberg , the White House is reevaluating Spicer's role.

Hamilton says Mercedes can see the goalposts again
Jun 22, 2017 - 08:08
Lewis Hamilton produced a stunning final lap to secure his 65th career pole position at the Canadian Grand Prix on Saturday. The win marked Hamilton's 3rd win of the season and 56th of his career.

isis-killer-beheading-video-story-top US shoots down 'pro-Syrian' drone made by Iran
Jun 22, 2017 - 08:08
Still, the Pentagon said it had not seen hostile action by Moscow. "That would be another mistake on the scope of the Iraq War". On June 8, the USA shot down a pro-regime drone after it fired on coalition forces, according to a coalition statement .

Amazon Buying Whole Foods For $13.7 Billion
Jun 22, 2017 - 08:08
Acquiring Whole Foods will provide Amazon more physical locations to experiment with, and eventually expand its retail business. SuperValu, with a network of 2,000 stores across the U.S. , took one of the biggest hits, with a 14% drop on Friday.

Investing Focus: Indicators in View on Shares of Vipshop Holdings Ltd (VIPS)
Jun 22, 2017 - 08:07
Acadian Asset Mngmt Ltd Liability holds 0% of its portfolio in Paragon Group of Companies PLC (LON:PAG) for 24 shares. State Board Of Administration Of Florida Retirement Sys reported 0.01% of its portfolio in SM Energy Co (NYSE:SM).

isis-killer-beheading-video-story-top Taylor Swift Brings Back Her Albums On Spotify Plus Other Streaming Services
Jun 22, 2017 - 08:04
The move comes in celebration of the fact that Swift has sold more than 10 million copies of 1989 and 100 million songs total. Taylor Swift is making all of our "Wildest Dreams" come true with a big announcement that's sure to rock the music world.

isis-killer-beheading-video-story-top House blocks consideration of marijuana bill
Jun 22, 2017 - 08:03
The Vermont House has blocked consideration of a bill that would have legalized the recreational use of marijuana in the state. But the bill hit a wall in the House, where an effort to suspend rules to bring the bill to the floor fell far short.

Prez elections: JD(U) to skip Oppn's meet tomorrow, confirms support to NDA
Jun 22, 2017 - 08:00
Among the candidates the Left is looking at is Prakash Ambedkar, the grandson of the iconic B.R. Lalu also said the opposition would take a final call on the presidential nominee on July 22.