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Thursday 17 August 2017

Ronaldo denies tax evasion

Cristiano Ronaldo
Cristiano Ronaldo

Real Madrid forward Cristiano Ronaldo has denied he evaded tax or hid details of his income from the authorities.

The Portugal international appeared at magistrates court in Pozuelo de Alarcon, a suburb of the capital, yesterday to answer charges relating to his tax returns between 2011 and 2014.

Prosecutors allege Ronaldo evaded 14.7million euros (£13.1m) in tax.

"The Spanish treasury knows every detail about my income, because it's been given to them; I never concealed anything and I never tried to evade taxes," the player told the court, according to a statement released by his management company Gestifute.

"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.

"Those who know me know what I ask my advisers to do: have everything up date and paid promptly, because I do not want any problems."

Ronaldo claims that, contrary to the argument of the Public Prosecutor, the transfer of his image rights to a company he owned took place in 2004 and not in 2010 just after he joined Real.

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