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Soccer Superstar Cristiano Ronaldo Agrees to Deal in Tax Evasion Case [Fortune]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: Fortune
Soccer superstar Cristiano Ronaldo has reached a deal with Spanish authorities in a tax evasion case in which he is accused of failing to pay $17.1 million in taxes from 2011 to 2014, according to Spanish newspaper El Mundo and news agency Efe . The Portuguese player, who plays on the La Liga team Real Madrid and on the Portuguese national team, has agreed to a suspended jail sentence and a $21.8 million fine . However, according to Reuters, he’s unlikely to serve the prison sentence, because of a Spanish rule that allows first offenders to serve probation if the sentence is fewer than two years in prison. Lawyers had not yet signed the deal, according to Reuters . The news was reported just before Ronaldo, who has denied the accusations, was scheduled to play on the Portuguese national team in a World Cup game against Spain. He ended up scoring all three goals for his team, which tied Spain. The Real Madrid star is not the only high-profile soccer player Show less Read more
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