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Ronaldo ‘accepts prison sentence’ for tax evasion

All Naija Entertainment

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Real Madrid forward, Cristiano Ronaldo, has reportedly accepted a suspended prison sentence, to settle his tax fraud case.

Ronaldo was accused by Spanish prosecutors in June last year, of defrauding tax authorities of €14.8m (£12.9m).

He denied the charges when he appeared in court last summer, but the case has still not been settled.

El Mundo reports his initial offer was reportedly rejected last month, but he has now accepted a prison sentence and admitted his guilt, in exchange for a reduced charge.

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Ronaldo will also pay a sum amounting to exactly €18.8m (£16.4m) and because he has had not previous convictions, he won’t serve any time in prison.

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