Take a fresh look at your lifestyle.

Ronaldo, Mourinho, Others Risk Jail Term Over Tax Fraud


Portuguese and Real Madrid’s football superstar, Cristiano Ronaldo and Manchester United FC’s coach, Jose Mourinho are staring jail in the face over allegations of tax fraud.

Jose Mourinho accusation came barely a week after Ronaldo was accused of evading €14.7m (£12.9m) in tax through offshore companies between 2011 and 2014.

Prosecutors say the world-acclaimed coach owes Spanish authorities €3.3m (£2.9m) after failing to declare revenues from his image rights “with the aim of obtaining illicit profits” during his time as Real Madrid coach.

Mourinho and Ronaldo are among seven clients of Portuguese agent Jorge Mendes who have been investigated for possible tax fraud. 

Others on the list includes Ricardo Carvalho, Angel Di Maria, Pepe, Fabio Coentrao and Radamel Falcao.

Mourinho, who is now Manchester United manager, is accused of using a corporate structure to hide image rights earnings between 2011 and 2012.

“The corporate structure was used by the accused in order to make the benefits derived from image rights opaque,” the prosecutor said in a statement.

Tax authorities believe Mourinho used an image rights company based in the British Virgin Islands to execute the fraudulent act.

The company is believed to be part of a chain of companies including two in Ireland linked to Mourinho’s agent Jorge Mendes.

He became a Spanish tax resident in 2010 when he joined Real Madrid but is accused of failing to declare image rights earnings to tax authorities.

A judge will now decide if the case goes to court.

Meanwhile, 32-year-old Ronaldo has been summoned to appear in court in Madrid on July 31 as part of the investigation.

Ronaldo, who played under Mourinho at the Bernabeu, has denied the charges and is threatening to leave Spain.

The has reportedly been summoned to appear before a judge on 31 July. 

Recently, the Spansh Supreme Court upheld the 21-month sentence handed last year to Barcelona footballer Lionel Messi.

 Messi, though, is unlikely to serve the sentence for having defrauded the national purse of 4.1 million euros of undeclared image rights earnings.

In Spain, sentences of under two years are normally suspended.

Would you like to be receiving ALL Elombah.com news links ‘On The Go’ on WhatsApp?  If yes, please provide us your WhatsApp number via publisher@elombah.com or inbox +2349050382526 and you are ready to go!

© Copyright 2017 www.elombah.com; unless otherwise indicated, all images are courtesy of Twitter; send eyewitness accounts/reports/articles to publisher@elombah.com; follow us on twitter @Elombah; like our Facebook page: Elombah.com; join us on WhatsApp HERE

For advert placement call us on +447460770987, +2349050382526

Comments are closed.