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Football star Ronaldo accepts €19m deal over tax evasion

Football star Cristiano Ronaldo has agreed to pay an €18.8 million (£16.6 million) fine after striking a deal with Spanish courts over tax evasion charges

Football star Ronaldo accepts €19m deal over tax evasion

Football star Cristiano Ronaldo has agreed to pay an €18.8 million (£16.6 million) fine after striking a deal with Spanish courts over tax evasion charges.

According to reports, the deal, agreed by a court in Madrid, includes Ronaldo (pictured) accepting a 23-month jail sentence. However, in Spain convicts typically do not serve time in prison if the sentence is less than two years.

Ronaldo is likely to serve the sentence on probation because it was a non-violent office, the BBC said.

The player arrived in court to a huge media presence, and was reported to be unfazed by the proceedings. The night before he had played a match for his club, Juventus.

Ronaldo agreed the settlement with the court last summer. He had pleaded guilty to charges in 2017.

He was accused of not paying €14.8 million in taxes between 2011 and 2014.

Prosecutors showed Ronaldo had benefited from a British Virgin Islands (BVI) company. He used the BVI shell company to disguise income earned on his image rights.

This was used to receive image royalties, prior to becoming resident in Spain, allowing him to avoid income tax on foreign income.

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