Ronaldo in Court over Tax Evasion, Protests Innocence

Hamilton Nwosa
Writer

Ad

How Obasanjo Got Angry at Me Over Diesel Deregulation – Otedola Opens Up

By Abiola Olawale Nigerian billionaire businessman, Mr Femi Otedola has shared a dramatic encounter with former President Olusegun Obasanjo over the 2004 diesel deregulation policy. This was detailed in his upcoming memoir, Making It Big: Lessons from a Life in Business, set for release on August 18, 2025, by FO Books. Otedola, then chairman of…

Trump-Putin Talks Put Oil Markets on Edge

The Trump-Putin meeting has become the main commodity market news of this week, with analysts speculating about the likelihood of a comprehensive deal and the impacts this could have on oil markets. ICE Brent has been gradually sliding closer to $65 per barrel as lower sanction risks on Russia could further erode the market’s in-built…

2027: PDP Warns Wike, Fayose: Endorse Tinubu, Risk Expulsion, Sanctions 

By Abiola Olawale The Peoples Democratic Party (PDP) has warned its members, including prominent figures like the Minister of Federal Capital Territory (FCT), Nyesom Wike, and former Ekiti State Governor, Ayo Fayose, against endorsing President Bola Ahmed Tinubu for re-election in 2027. The party’s National Working Committee (NWC) declared that such actions constitute anti-party activities…

Ad

Football megastar Cristiano Ronaldo appeared in court near Madrid on Monday accused of evading millions of euros in taxes, the latest player to fall foul of Spain’s taxman.

The 32-year-old entered the court in Pozuelo de Alarcon, a wealthy suburb of Madrid where he lives, in a car with tainted windows via an underground garage to avoid the glare of the dozens of cameras gathered outside.

The player is expected to speak to the press after his court hearing. A podium was set up outside the courthouse behind metal barriers.

Other footballers have also recently run into trouble with Spain’s taxman, some of them already convicted and others under investigation.

Prosecutors accuse Ronaldo of having evaded 14.7 million euros ($17.3 million) in tax.

They allege he took “advantage of a company structure created in 2010 to hide income generated in Spain from his image rights from tax authorities”.

They say this was a “voluntary and conscious breach of his fiscal obligations in Spain”.

Meanwhile Cristiano Ronaldo protested his innocence after testifying in court on Monday against charges of evading €14.7 million in taxes.

The 32-year-old Portuguese, who was in the Pozuelo de Alarcon court for about 90 minutes, declined to speak to reporters afterwards, but he released a statement through his agency Gestifute.

“The Spanish tax authorities know my income in detail, because we have given it to them. I have never hidden anything in my declarations, nor have I had the smallest intention of evading taxes,” Ronaldo said.

“I always make my declarations voluntarily, because I think we all have to declare and pay tax in accordance to our incomes. Those who know me know what I ask my advisors: that they take their time on it and pay correctly, because I don’t want problems.”

Ronaldo explained that he did not create a special structure to manage his image rights after joining Real from Manchester United in 2010, saying he utilised the set-up which was deemed “legal and legitimate” by English tax authorities.

Spanish courts have recently cracked down on tax evasion among leading footballers.

Barcelona’s Lionel Messi was handed a 21-month prison sentence this year on similar charges but under Spanish law was able to exchange the penalty for a fine.

 

Ad

X whatsapp