Ronaldo ready to pay 14.7 million in Spanish tax fraud case

According to Spanish prosecutor files, seen by the BBC and Reuters, he is accused of two counts of defrauding Spain out of a total of €3.3 million (£2.9 million, $3.6 million) in taxes between 2011 and 2012.

Real Madrid star Cristiano Ronaldo reportedly no longer wants to leave the club after president Florentino Perez's public show of support.

The Spanish authorities' crack down on multi-millionaires not paying their taxes is showing no signs of stopping, and the latest to fall victim to their investigative teams is none other than Manchester United manager Jose Mourinho. The player is accused of defrauding tax authorities of €14.7m, by also hiding his income from image rights.

In three years with Real Madrid, Mourinho won the Primera Liga (2012) and the Spanish Cup (2011).

These earnings are said to have come from image rights.

Prosecutors accuse the Portugal global of evading tax via a shell company based in the British Virgin Islands and another in Ireland, known for its low corporate tax rate. Ronaldo's agent Jorge Mendes says there is a €1bn buy-out clause in his contract.

However, Perez said that he had not spoken to Ronaldo, who is on duty for Portugal at the Confederations Cup in Russian Federation, which ends on July 2.

Ronaldo has been with Real Madrid for eight years now after moving from Manchester United on a record-breaking $132 million deal.

Ronaldo's agency, Gestifute, released a statement after the accusations, saying "it is clear that the player did not try to evade taxes" and there was "no offshore structure for evading taxes".

Barcelona's Lionel Messi was handed a prison sentence of 21 months but the sentence was suspended because of the law regarding jail sentences for first time offenders for non viloent crimes.

The Real star has been summoned to testify on July 31.

The 32-year-old has also expressed his desire to return to Manchester United following these allegations and instructing his reps to secure a move back to his former club.

Mascherano was also convicted of tax fraud last year and was given a suspended one-year sentence.

  • Julie Sanders