Cristiano Ronaldo set to pay sizeable fine but avoid prison over tax evasion case

The Real Madrid forward is reported to have reached a deal where he is sentenced to two years in prison, but he will not actually serve any time in custody

(FILES) In this file photo taken on May 01, 2018 Real Madrid's Portuguese forward Cristiano Ronaldo gestures during the UEFA Champions League semi-final second leg football match between Real Madrid and Bayern Munich at the Santiago Bernabeu Stadium in Madrid on May 1, 2018. Cristiano Ronaldo agreed on June 15, 2018 to pay 18.8 million euros to the Spanish treasury, said a judiciary source.  / AFP / JAVIER SORIANO

Real Madrid forward Cristiano Ronaldo has reached a deal with the Spanish tax authorities to serve two years in prison and pay a €18.8 million (Dh80.1m) fine in a tax evasion case, newspaper El Mundo reported on Friday.

Ronaldo is unlikely to serve any time in jail under the deal because Spanish law states that a sentence of under two years for a first offence can be served on probation.

The 33-year-old Portuguese footballer, who is accused of evading €14.7 million (Dh62.7m)  in taxes, has denied all the allegations through his agents.

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