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Ronaldo accepts 2 yrs in prison, €18.8 mln fine in tax case

The 33-year-old Portuguese footballer, who is accused of evading €14.7 million in taxes, has denied all the allegations through his agents.

 FILE: Cristiano Ronaldo. Picture: AFP.

MADRID - Real Madrid forward Cristiano Ronaldo has reached a deal with the Spanish tax authorities to serve two years in prison and pay a €18.8 million fine in a tax evasion case, newspaper El Mundo reported on Friday.

Ronaldo is unlikely to serve any time in jail under the deal because Spanish law states that a sentence of under two years for a first offence can be served on probation.

The 33-year-old Portuguese footballer, who is accused of evading €14.7 million in taxes, has denied all the allegations through his agents.