(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
Cristiano Ronaldo is set to avoid serving time in prison over his tax evasion case in Spain, according to Spanish media. Javier Soriano / AFP

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



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.

___________

Read more

World Cup 2018 live blog Day 2: Uruguay defeat Egypt

Ronaldo is up to the challenge of winning the World Cup with Portugal

The specs

Engine: 2.0-litre four-cylinder turbo

Power: 268hp at 5,600rpm

Torque: 380Nm at 4,800rpm

Transmission: CVT auto

Fuel consumption: 9.5L/100km

On sale: now

Price: from Dh195,000

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

Asia Cup Qualifier

Venue: Kuala Lumpur

Result: Winners play at Asia Cup in Dubai and Abu Dhabi in September

Fixtures:

Wed Aug 29: Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore

Thu Aug 30: UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman

Sat Sep 1: UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal

Sun Sep 2: Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore

Tue Sep 4: Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong

Thu Sep 6: Final

 

Asia Cup

Venue: Dubai and Abu Dhabi

Schedule: Sep 15-28

Teams: Afghanistan, Bangladesh, India, Pakistan, Sri Lanka, plus the winner of the Qualifier

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

Dengue fever symptoms
  • High fever
  • Intense pain behind your eyes
  • Severe headache
  • Muscle and joint pains
  • Nausea
  • Vomiting
  • Swollen glands
  • Rash

If symptoms occur, they usually last for two-seven days

COMPANY PROFILE

Company name: Dresos

Started: September 2020

Founders: Vladimir Radojevic and Aleksandar Jankovic

Based: Dubai, UAE

Industry: Fashion

Funding: $285,000; $500,000 currently being raised

Investors: Crowdfunding, family, friends and self-funding

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

West Asia Premiership

Dubai Hurricanes 58-10 Dubai Knights Eagles

Dubai Tigers 5-39 Bahrain

Jebel Ali Dragons 16-56 Abu Dhabi Harlequins

The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

COMPANY PROFILE

Company name: Switch Foods
Started: 2022
Founder: Edward Hamod
Based: Abu Dhabi, UAE
Industry: Plant-based meat production
Number of employees: 34
Funding: $6.5 million
Funding round: Seed
Investors: Based in US and across Middle East


Abtal

Keep up with all the Middle East and North Africa athletes at the 2024 Paris Olympics

      By signing up, I agree to The National's privacy policy
      Abtal