Top

Cristiano Ronaldo to testify in tax fraud case on July 31

Cristiano Ronaldo has helped Real Madrid win the Champions League thrice, scoring twice in last month's final.

London: Real Madrid star Cristiano Ronaldo has been summoned by the Spanish authorities as part of the investigation into his tax affairs.

Ronaldo is accused of defrauding Spanish authorities of €14.7m (£12.95m) between 2011 and 2014 and will now testify on July 31, reports The Independent.

The episode may cost Real Madrid their star winger as Ronaldo feels hard done by the apparent excessive force with which the complaint has been dealt with.

The Portugal international had knowingly used a "business structure" created in 2010 to hide his income in Spain from his image rights.

As per reports, the alleged irregularities were in relation to money the Portuguese star had in the Virgin Islands, although officials acknowledged adjustments to this structure in 2014, where the player paid back an extra 7 million Euros in tax.

Ronaldo has helped Real win the Champions League thrice, scoring twice in last month's final as they became the first club to retain the title, and he is also the competition's record goal scorer with 105 strikes.

He has also helped his team to win two La Liga titles after joining it on transfer from Manchester United for a ten record 80 million pounds in 2009.

( Source : ANI )
Next Story