Cristiano Ronaldo's tax fine reduced to €16.7m
- The Spanish court have decided that Cristiano will have to pay €2m less of tax fine
Cristiano's case in Spain comes to a conclusion, as the Portuguese has €2m knocked off his tax fine. News outlet El Mundo have reported that an agreement has been reached between the court and the player's representatives.
Cristiano's previous agreement with authorities saw him accepting two-year prison sentence and agreed to pay €18.8 million to the Treasury. He would not have to serve the sentence in prison as he has no previous criminal record.
Spain's tax authorities accused Cristiano Ronaldo of tax fraud. They claim the player and his advisers reportedly used a web of companies in Ireland and the British Virgin Islands to avoid paying €14.7 million on image rights income between 2011 and 2014.
According to El Mundo, Cristiano Ronaldo has already paid €13.4m of the money he owed.
Watch also: Where will Cristiano Ronaldo live in Turin?