Spanish taxman knocks €2milliom off Ronaldo tax settlement:

The Local Spain
The Local Spain - [email protected]
Spanish taxman knocks €2milliom off Ronaldo tax settlement:
ristiano Ronaldo celebrates Real Madrid's winning the third Champions League title in May. Photo: AFP

After ordering football superstar Cristiano Ronaldo to pay 18.8 million euros ($21.6 million) to settle a tax fraud claim, Spanish authorities have reduced the sum by two million euros, the El Mundo daily reported Friday.


Spain's taxman and Ronaldo's advisors made the deal to settle claims the 33-year-old, who has since moved to Italy's Juventus, hid income generated from  image rights while he was playing for Real Madrid.

The agreement also includes a two-year jail sentence which he won't serve. Sentences of up to two years are generally not enforced in Spain for first-time offenders in non-violent crimes.

According to El Mundo, who had access to documents of the settlement, tax authorities realised he paid two million euros too much last year for image rights he sold in 2014.

That means he only has to pay €16.7 million, the report said.   

It added that Ronaldo has already paid €13.4 million.   

Spain's finance ministry would not comment on the report.   

READ MORE: Spain's taxman approves Ronaldo multi-million tax settlement

The newspaper said the tax agreement also means that the court near Madrid investigating the case had dropped charges against Ronaldo's agent Jorge Mendes.

The court was not immediately available for comment.   

Had the case gone further, without the player offering a settlement, Ronaldo could have faced a reported fine of 28 millions euros and a three-and-a-half-year jail term, according to the Spanish tax office union 

Ronaldo's big rival, Barcelona's Argentinian star Lionel Messi, paid a two-million-euro fine in 2016 in his own tax wrangle and received a 21-month jail term.

The prison sentence was later reduced to a further fine of €252,000 equivalent to 400 euros a day of the original term.



Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also