The Spanish tax authorities have given their approval to an agreement reached between Cristiano Ronaldo and public prosecutors.
The Juventus star has been handed a fine of almost €19m and a two-year jail sentence for tax fraud relating to his time when he played for Real Madrid.
According to reports in Spain, between 2011 and 2014 Ronaldo committed four years’ worth of tax fraud, comprising of four individual crimes of which the total amount reached €14,768,897.
In addition to that figure, which was reduced to €5m during the case, the Portuguese will be forced to pay court fees and interest amounting to just under €19m.
The imposition of a two-year prison term means he will not serve any time in jail, due to his being a first offence and anything under two years and one day in Spain means no custodial sentence is applied.
Nonetheless, the Treasury wants to maintain the two-year sentence to prevent any re-offending, with any further wrongdoings having to be served as it would be a second offence.