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Cristiano Ronaldo denies tax fraud accusations

Real Madrid forward, Cristiano Ronaldo, has denied defrauding Spanish tax authorities of €14.7million.

In a statement on Tuesday, the prosecutor’s office said Ronaldo knowingly used a “business structure” created in 2010 to hide his income in Spain from his image rights.

“There is no tax evasion scheme,” Gestifute, the agency representing Ronaldo, said in a statement.

“There has never been any hiding nor any intention to hide anything.”

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The 32-year-old football star has been accused of four counts of tax fraud from 2011-14.

Ronaldo is the latest high-profile footballer to have his tax affairs challenged by the Spanish authorities.

Argentine Lionel Messi was last year found guilty of three counts of tax fraud.

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Spain’s supreme court recently upheld the 21-month prison sentence handed to the Barcelona striker.

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