Football sensation, Cristiano Ronaldo, has paid the Spanish tax body £12.1million and accepted his fate on a two-year suspended prison sentence.
The 33-year-old new signing of Juventus is speeding things up in clearing his debts and severing all ties with Madrid and Spain following his big-money move to Serie A.
Naija Football Plus gathered from our sources in Spain that there are also discreet plans to move his business interests out of the Spanish Capital.
Recall that Spanish radio station, Cadena Cope, reported that Ronaldo has paid the £12.1m sum and will also pay a further £4.7m in fines and other financial implications.
To this regard, the former Man U winger will not go to prison because first offences for administrative crimes involving terms of two years or less are not custodial in Spain.
It is no news that the main reason why Ronaldo left Real Madrid was his bitterness towards tax authorities, for taking him to court for financial fraud; and barely a week after leaving the White Angels the Portuguese Captain has cleared all his debts.
To further distance himself away from Spain, the present World Best Player has also put up for sale his £4.8m Madrid mansion in the exclusive ‘La Finca’ neighbourhood, and is really considering closing all his businesses in Spain.
The sudden dramatic breaking of links could also include CR7 forgoing a hotel project in the city’s emblematic avenue ‘Gran Via’.
The former Sporting Lisbon man has always claimed not-guilty on the allegation that he knowingly misled the Spanish treasury by not declaring image-rights earnings between 2011 and 2014 of his fulfilling career.
Ronaldo became disgruntled for being labeled a criminal regardless of the certainty he willingly made moves to put things straight with tax matters in 2014 by making an extra £5m payment.
He saw it that the charges leveled against him was a consequence of the varying interpretation of Spain’s complicated tax laws on image rights and should not have degenerated into a criminal matter.
So what next for Ororo?