Tax Authorities reject supposed Cristiano Ronaldo deal

Tax Authorities reject supposed Cristiano Ronaldo deal

March 20, 2018 Off By Ernesto Hernandez

While things seem to be going Cristiano Ronaldo’s way on the pitch, it’s a different story off of it.

About a year ago, the Portuguese star found himself in hot water as it was alleged that he failed to pay taxes amounting to €14.7 million. The taxes that Ronaldo is alleged to have avoided paying are related to image rights.

The Guardian reported,

“It is alleged that he concealed income from the sale of image rights through a financial structure that divided the money via Ireland to a tax haven in the British Virgin Islands.”

For his part, the Real Madrid star vehemently denied that he purposefully avoided paying any taxes saying,

“I always make my tax returns on a voluntary basis because I think we all have to declare and pay taxes based on our income.”

He went on to claim that he was being targeted because of who he is during his hearing. He said,

“If I wasn’t called Cristiano Ronaldo, I wouldn’t be here.”

All of this took place some time ago without there being any major developments in the case. That is, until now.

Several outlets were reporting that Cristiano Ronaldo, or his advisers, had tried to reach a deal with the tax authorities.

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According to an article in AS, Ronaldo’s lawyers were said to have, “offered the Agencia Estatal de Administración Tributaria (AEAT) €3.8 million, plus an admission of wrongdoing, in exchange for dropping criminal proceedings against the player.”

Marca cited Europa Press in their report claiming that the amount offered “resulted in an unsatisfactory offer of around €3-4 million, which was rejected by the Treasury.”

However, Ronaldo came out later in the day to deny the reports. He took to Instagram and posted the following:

Translated, his post said, “Do not try to spoil the beautiful moment I am living with fake news!!!”

While not explicitly mentioning the supposed agreement, one can only assume that is what he was referring to.