Cristiano Ronaldo gets two-year jail term for tax evasion


This file photo taken on June 02, 2017 shows Real Madrid's Portuguese forward Cristiano Ronaldo arrives at ...
This file photo taken on June 02, 2017 shows Real Madrid's Portuguese forward Cristiano Ronaldo arrives at the team's hotel in Cardiff, south Wales, on June 2, 2017 ahead of the UEFA Champions League final football match between Juventus and Real Madrid in Cardiff on June 3. AFP PHOTO / JAVIER SORIANO

In Summary

  • Cristiano Ronaldo will be fined KSh374 million 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
  • The 33-year-old is accused of evading KSh665 million in taxes. He has denied the allegations

Cristiano Ronaldo will be fined KSh374 million 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 KSh665 million in taxes. He has denied the allegations.

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.

The football star will be required to pay the KSh374-million plus KSh665-million in back taxes, KSh117 million in accrued interest and KSh29,000-per-day for the 48 months covering the prison sentence.

This amount is likely to be only part of the striker’s fines over the case, which are expected to rise to around KSh2.2 billion in total.

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Story By Reuters
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