Ronaldo faces lawsuit for allegedly defrauding tax authority

Ronaldo faces lawsuit for allegedly defrauding tax authority

Spanish tax force have filed a lawsuit against Real Madrid’s superstar Cristiano Ronaldo.

In a report sent to the prosecutor’s office from the Spanish tax agency AEAT, Real Madrid superstar Cristiano Ronaldo has been accused of defrauding the Spanish tax authorities of 14.7million Euros.

Spain’s prosecutor’s office in Madrid reported on Tuesday, that Ronaldo had ‘consciously’ used a ‘business structure’ created in 2010 to hide his income in Spain from his image rights.

Ronaldo, 32, has not only been sponsored by the Nike brand since 2003.

But he also has a long-term endorsement deal with Nike that sees him tied to the brand ‘for life’, making the Portuguese one of the most endorsed athletes in the world.

Ronaldo Nike Boot

Real Madrid Star will wear his Unique Nike boots when the Confederations Cup begins

According to Forbes, the Portuguese who has his own brand which sells underwear, sportswear, footwear, socks, and runs hotels is the highest paid sports person in the world.

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