Ronaldo in Court over Tax Evasion, Protests Innocence

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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.

 

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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