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Cristiano Ronaldo faces multi-million tax fraud fine in Madrid court

Cristiano Ronaldo faces multi-million tax fraud fine in Madrid court

The forward, who left Madrid previous year to join Juventus in a €112m deal, missed a penalty in his side's 3-0 Serie A win over Chievo on Monday.

The Portuguese faces a prison sentence of two years, which is to be exchanged for a payment of 400,000, as well as a fine of 18.8 million euros.

His court appearance lasted about 15 minutes, as per Reuters reports, as the five-time Ballon d'Or victor only needed to sign off on the previously settled agreement.

Ronaldo had to enter the courtroom through the front door after his request for special security measures to avoid the spotlight was denied yesterday.

Under Spanish law, Cristiano will not be required to spend any time in jail as it is a first-time offence.

In 2017, a state prosecutor accused Ronaldo of four counts of tax fraud from 2011-14 worth €14.7 million (R232 million).

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It is said that the prosecutors' office was pursuing a fine of €5.7m, which Ronaldo had apparently paid, with a further interest of €1m, which makes up part of a total amount that was agreed in the settlement.

The five-time world player of the year spent nine trophy-laden years at Madrid.

Ronaldo earns an estimated $93m (€80m) a year, according to Forbes, with approximately half coming from image rights deals with his many sponsors.

The tax case does not end Ronaldo's legal dramas, with Las Vegas police asking for a DNA sample after a probe was opened into an alleged rape in 2009.

The charges relate back to his time when he was a player at Real Madrid. He denies any wrongdoing. Alonso said he was confident he had not committed a crime and would have to wait while the magistrates evaluated his case.

Information from AP and ESPN FC's Spain correspondent Cindy Garcia was used in this report.