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Cristiano Ronaldo gets 2m euro tax refund in Spain

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The Spanish authorities have reduced by two million euros the tax liabilities of football superstar Cristiano Ronaldo, the El Mundo daily has reported.

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According to El Mundo, which had access to documents of the settlement, tax authorities realised he paid two million euros too much last year for image rights he sold in 2014. That means he only has to pay 16.7 million euros, as against the 18.8 million euros ordered by the court, to settle a tax fraud claim.

Spain’s taxman and Ronaldo’s advisors made the deal to settle claims the 33-year-old, who has since moved to Italy’s Juventus, hid income generated from image rights while he was playing for Real Madrid.

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The agreement also includes a two-year jail sentence which he won’t serve. Sentences of up to two years are generally not enforced in Spain for first-time offenders in non-violent crimes. El Mundo said Ronaldo has already paid 13.4 million euros of the 16.7 million euro he is expected to pay. Spain’s finance ministry would not comment on the report. The newspaper said the tax agreement also means that the court near Madrid investigating the case had dropped charges against Ronaldo’s agent Jorge Mendes.

The court was not immediately available for comment. Had the case gone further, without the player offering a settlement, Ronaldo could have faced a reported fine of 28 millions euros and a three-and-a-half-year jail term, according to the Spanish tax office union Gestha. Ronaldo’s big rival, Barcelona’s Argentinian star Lionel Messi, paid a two-million-euro fine in 2016 in his own tax wrangle and received a 21-month jail term. The prison sentence was later reduced to a further fine of 252,000 euros equivalent to 400 euros a day of the original term.

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Bayern Munich Stars Franck Ribery & Arjen Robben set to leave the club

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Football Star Franck Ribery and Arjen Robben who played their last games for the German club yesterday signed off in style as they came off the bench to score on their final appearances and helping to retain a seventh consecutive Bundesliga title.

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Robben and Ribery who have been at the club for 10 years and 12 years, respectively, winning numerous domestic titles and the Champions League in 2013 made a combined total of 729 appearances and 268 goals.

The pair enjoyed a perfect send-off as Niko Kovac’s side powered to a 5-1 win over Eintracht Frankfurt on Saturday.

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Frankfurt’s Sebastian Haller‘s 50th-minute strike canceled out Kingsley Coman‘s early opener before David Alaba restored Bayern’s lead minutes later with Renato Sanches then making it three five minutes later.

French footballer Franck Ribery and Dutch star Arjen Robben later scored in the 72 and 78th minutes to seal off the game.

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Although, the stars are yet to decide if they will be moving to another club or retire from playing football.

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Cristiano Ronaldo crowned King of Seria A in first season in Italy

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Portugal Striker Cristiano Ronaldo has won the Serie A Player of the Season award, in his first season in Italian club.

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Cristiano Ronaldo inspired the Old Lady to their eighth straight Scudetto with his 21 goals in the league.

 

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The planning of the honor is irregular as Serie A individual honors have dependably been given out all in the meantime, after the finish of the season, yet Ronaldo will be given before their match against Atalanta on Sunday.

The 34-year-old joined the Bianconeri in the summer of 2018 in a deal reported to be worth €100m (£88m/$112m) from Real Madrid.

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He left Real Madrid as the club’s all-time top goalscorer, and after having won three consecutive Champions League titles.

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Diego Simeone reaction to Grieznmann Departure to Barcelona

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Atletico Madrid head coach Diego Simeone has reacted to Grieznmann leaving the club to Barcelona…

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Atletico Madrid president, Enrique Cerezo has reacted to manager Diego Simeone’s response to the news that France forward, Antoine Griezmann will be leaving his side in this summer’s transfer window.

Cerezo claimed that Simeone was ”disappointed” like other members of the club after hearing that his star player will leave Wanda Metropolitano at the end of the season.

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“Simeone is disappointed, like the others,” Cerezo told COPE’s ‘El Partidazo’ radio show.

“Griezmann was determined to leave and there was no chance of convincing him.

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“I don’t know or care [who Griezmann’s next team will be]. But when a team wants to pay a release clause, it’s normal to communicate and we haven’t received any messages from anyone just yet.

“Wherever he goes, I hope that he is treated the same as he was here… and good luck!”

Griezmann, who has been heavily linked with a move to Barcelona, on Tuesday, confirmed that he is leaving Atletico Madrid at the end of the season.

The player wrote on his official Twitter page: “After speaking with [coach Diego Simeone], [CEO Miguel] Angel Gil Marin and with people in the club’s hierarchy, I wanted to speak with you, the fans.

“You have always shown me a lot of love and I wanted to be the first to tell you that I’ve taken the decision to leave to see other things and take on other challenges.

“It’s been a difficult route to take, but it’s what I feel I need.

“Thanks for everything during five fantastic years here, where I was able to win my first big trophies. There have been some incredible moments that I will always remember. You, the supporters, will always be in my heart.”

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