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Ronaldo ‘to accept jail term and £16.4m fine’ in tax case

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Cristiano-Ronaldo

Real Madrid star Cristiano Ronaldo has reportedly accepted a suspended prison sentence to settle his tax fraud case.

The Portugal captain was accused by Spanish prosecutors in June last year of defrauding tax authorities of €14.8m (£12.9m) which he denied when he appeared in court last summer.

But according to El Mundo, he has accepted a prison sentence and admitted his guilt, in exchange for a reduced charge.

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He will also pay €18.8m (£16.4m) and having had no previous convictions, the reigning FIFA Player of the Year would not serve any time in jail.

It was reported Ronaldo was initially demanded to pay the complete sum up he is alleged to have evaded up front, but an agreement has been reached to pay just €5.7m (£5m)

The rest of the total will be paid in fines and interests until it totals €18.8m.

Ronaldo will lead Portugal against Spain in their 2018 world cup opener on Friday.

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