SPAIN

Ronaldo ready to pay $16.39 mn in Spanish tax fraud case: media

FBL-CONFED-CUP-MATCH07-RUS-POR Cristiano Ronaldo | AFP

He was accused of using a business structure to hide his image rights income in Spain between 2011 and 2014

Real Madrid striker Cristiano Ronaldo is ready to pay Spain's tax authorities $16.39 million (14.7 million euros)—the amount a prosecutor accused him of defrauding—ahead of a court hearing next month, Spanish media said on Wednesday.

The report said, without identifying its sources, the 32-year-old would make this payment as a gesture of good will.

The report added Rolando will reiterate at a hearing on July 31 that he is innocent and has never hidden any income from the taxman or committed any tax fraud in Spain.

Representatives for Ronaldo declined to comment.

The Spanish prosecutor says the Real Madrid forward knowingly used a business structure to hide his image rights income in Spain between 2011 and 2014. Ronaldo has denied the charges.

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