Real Madrid's Cristiano Ronaldo accused of €14.7 million tax evasion

"Real Madrid C. F.is absolutely convinced that our player Cristiano Ronaldo will demonstrate his total innocence in this process".

He "intentionally" failed to declare almost €32m (US$ 36m) in income especially from sale of his image rights, according to prosecutors.

The prosecutor, which filed a lawsuit against the prolific goal-scorer, also accused the Portuguese star of falsely reporting income as if it were generated from real estate, thereby reducing his tax percentage, according to the Guardian.

"The laws applicable to Cristiano Ronaldo are the Personal Income Tax Law and the Impatriots Law". Last month, tax officials said he paid all his tax declarations in addition to an extra €6m in 2014.

It is claimed that Ronaldo didn't declare income of £25m related to image rights.

Spanish prosecutors had on Tuesday filed a formal lawsuit against the Real Madrid striker.

They further stated that Ronaldo has shown a clear resolve to fulfil all his tax obligations.

A Spanish state prosecutor has accused Cristiano Ronaldo of defauding the country's tax office of millions of euros.

In a statement on Tuesday, the prosecutor's office said Ronaldo knowingly used a "business structure" created in 2010 to hide his income in Spain from his image rights.

Ronaldo's representatives did not respond immediately to a request for comment.

In July 2016, Barcelona star Lionel Messi was given a suspended two-year prison sentence for tax evasion relating to offshore image rights companies.

There was no attempt to evade taxes, Gestifute said.

According to Forbes, Ronaldo is the world's highest-paid athlete, with $58 million in salary and $35 million in endorsements in 2017.

Not only in terms of money, Ronaldo has had his fair share of success on the pitch as well of late with winning the La Liga and helping Real Madrid retain their Champions League title.

  • Julie Sanders