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Ley Your Dreams Come Alive – With FCMB Loans
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Cristiano Ronaldo fined €3.2m, but set to escape prison

27th July 2018
in Sporting Sun, Sports
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Euro Sports

Cristiano Ronaldo will be fined 3.2 million euros (£2.84m) and sentenced to 24 months in prison, a sentence he is unlikely to serve, after settling a tax evasion case with Spanish tax authorities, the prosecutor said on Friday.

The 33-year-old is accused of evading 5.7 million euros in taxes. He has denied the allegations.

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Ronaldo is unlikely to go to prison as Spanish law states a sentence of under two years for a first offence can be served on probation.

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The football star will be required to pay the 3.2-million-euro fine plus the 5.7 million euros in back taxes, 1 million euros in accrued interest and 250 euros-per-day for the 48 months covering the prison sentence.

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This amount is likely to be only part of the striker’s fines over the case, which are expected to rise to around 19 million euros in total.

Tags: cristiano ronaldois ronaldo going to prison?ronaldo tax evationtax exation
Omotayo Edubi

Omotayo Edubi

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