Spanish state prosecutor charges Ronaldo with tax fraud

Getty Images

Getty Images

On Tuesday, the prosecutor's office in Madrid said that between 2011 and 2014 Ronaldo had used a "business structure" - created in 2010 - to hide the revenue generated by his image rights from the Spanish treasury, describing the breach as "voluntary" and "conscious".

The Portugal captain's representatives have denied the allegations, while Madrid have also thrown their support behind their player and backed him to prove his innocence.

REAL MADRID insisted yesterday they have "full confidence" in Cristiano Ronaldo despite the forward facing allegations that he defrauded the Spanish tax office of €14.7 million (£12.9m).

The Portugal global winger has denied defrauding the Spanish tax office out of £13m, according to the Sun.

It adds it is convinced Ronaldo "will demonstrate his complete innocence".

"Sometimes the best answer it's to be quiet", the Real Madrid star forward said on Instagram with a photo of himself in a Portugal polo shirt and right forefinger raised to his lips.

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The prosecution said the soccer superstar had taken advantage of a corporate structure created in 2010 that served to hide the iconic player's income derived from his image rights.

"Since his arrival at Real Madrid C.F.in July 2009, Cristiano Ronaldo has always shown a clear will to fulfil all his tax obligations". The four counts of tax fraud were based on a report from Spain's tax agency, it said.

Tollin Associates then ceded his image rights to a company in Ireland called Multisports&Image Management Ltd which was responsible for managing them.

The prosecutor's office filed the lawsuit against Ronaldo on Tuesday to a court in the Madrid district of Pozuelo de Alarcon.

Spain's High Court last month cleared Neymar of fraud but he still faces a corruption trial in Spain in connection with the value of his 2013 transfer from Santos to Barcelona.

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