Cristiano Ronaldo agrees 18.8 million tax settlement: Source
Authored By Wion Web Desk
Published: Jun 15, 2018, 02:35 IST | Updated: Jun 15, 2018, 02:35 IST
Cristiano Ronaldo ranked third in Forbes
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The agreement still has to be ratified and will likely come with a two-year jail term
As per sources, Cristiano Ronaldo has agreed to pay the Spanish taxman 18.8 million euro ($20 million) to settle a tax fraud.
The agreement is between the advisors Portugal star Ronaldo and the fiscal authorities.
Ronaldo is currently at the World Cup with his national team Portugal and will play it next match against Spain on Friday, June 15.
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The sources mentioned that the agreement still has to be ratified and will likely come with a two-year jail term -- although sentences of up to two years are not generally served in Spain.