Connect with us

News

Lesson Learnt: Cristiano Ronaldo Pays Spanish Authorities £12.1m To End Tax Dispute

Published

on

Confident

Cristiano Ronaldo pays Spanish authorities ?12.1m

Superstar footballer, Cristiano Ronaldo has reportedly paid the Spanish tax man £12.1million to end his tax dispute after having accepted a two-year suspended prison sentence this week.

According to Spanish radio station Cadena Cope, they reported this week that he has deposited the £12.1m and will also pay a further £4.7m in fines and costs. He has also accepted a two-year prison sentence which he will never have to serve because first offences for administrative crimes involving terms of two-years or less are not custodial in Spain.

It was also claimed that Spain’s high tax rate was a contributing factor why Cristiano Ronaldo leftReal Madrid for Juventusin a £100m deal.

The Spanish radio station also reported that the Portuguese star plans to put his £4.8m Madrid mansion in the exclusive ‘La Finca’ neighbourhood on the market and is seriously contemplating closing all his business interests in the Spanish capital.

Share
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Polaris Bank AD

Ad

Facebook

Trending

Copyright © 2024, February13 Media