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Ronaldo denies tax fraud complaint

Cristiano Ronaldo’s representatives have strongly denied an accusation that the Real Madrid forward concealed earnings and defrauded the Spanish tax authorities out of €14.7 million.

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Earlier on Tuesday, prosecutors in Madrid filed a complaint to a court in Pozuelo de Alarcon that accused the four-time Ballon d’Or winner of a “voluntary” and “conscious” breach of his tax obligations.

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The complaint suggested Ronaldo had created a “business structure” in 2010 to conceal earnings from image rights between 2011 and 2014.

However, Gestifute – the company owned by the 32-year-old’s agent Jorge Mendes – issued a statement detailing their client’s arrangements for payments related to his image rights and insisted “there has never been concealment, or the slightest intention to conceal”.

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Gestifute said the company, Tollin, does not amount to an offshore structure for evading taxes and was established in 2004 when Ronaldo signed for Manchester United.

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