Cristiano Ronaldo Accused Of 14.7 Million Euro Tax Evasion

Agencies
June 13, 2017

Madrid, Jun 13: Real Madrid star Cristiano Ronaldo was on Tuesday accused of a 14.7 million euro tax evasion through offshore companies, the public prosecutor's office in Madrid announced.

ronaldo

The Portuguese footballer was accused of "four crimes against the public treasury between 2011-14... which involves tax fraud of 14,768,897 euros ($16.5m, £12.9m)", the office said in a statement.

"The accused took advantage of a company structure created in 2010 to hide income generated in Spain from his image rights from tax authorities, which is a 'voluntary' and 'conscious' breach of his fiscal obligations in Spain," it said.

Prosecutors accuse the 32-year-old Portugal forward, who is the world's highest-paid athlete according to Forbes magazine, of evading tax via two companies based in the British Virgin Islands and Ireland. Ronaldo is the latest football star to fall foul of Spanish tax authorities.

Argentina international and Barcelona forward Lionel Messi was sentenced to a 21-month jail sentence and 2.09-million-euro fine last year for tax fraud. The prison term will likely be suspended as is common in Spain for first offences for non-violent crimes carrying a sentence of less than two years.

The 29-year-old and his father Jorge Horacio Messi were found guilty of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying taxes on 4.16 million euros of Messi's income earned from his image rights from 2007-09.

The income related to Messi's image rights that was hidden includes endorsement deals with Danone, Adidas, Pepsi-Cola, Procter & Gamble and the Kuwait Food Company.

Meanwhile, Barca's Argentine defender Javier Mascherano also agreed a one-year suspended sentence with authorities for tax fraud last year.

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News Network
May 9,2020

May 9: Filipina weightlifting star Hidilyn Diaz noticed live-streamed concerts were collecting money for coronavirus relief and was struck by inspiration: why not raise funds with an online workout?

Since then the Olympic silver-medallist -- and strong contender for her country's first Games gold -- has made enough money to buy food packs for hundreds of hard-hit families in the Philippines.

Diaz has done it all from Malaysia, where she was training to qualify for the now-postponed Tokyo Olympics when much of the world locked down against the virus in March.

"I thought (distribution) would be impossible because I'm not physically present," Diaz, 29, told news agency.

"It's a good thing that I have trusted friends and trusted family members who understand why we need to do a fundraising."

That circle of supporters has handed out the packages, which include vegetables, eggs and rice, to more than 400 families.

The food was bought with donations from about 50 people who joined sessions that lasted up to three hours, and gave them a rare chance to train with an elite athlete.

Diaz rose to fame in 2016 after snagging a surprise silver in the 53 kilogramme category in Rio, becoming the Philippines' first female Olympic medallist and ending the nation's 20-year medal drought at the Games.

Two years later, she won gold at the Asian Games in Indonesia.

However, her quest to qualify for Tokyo is on hold ahead of the Games' rescheduled opening in July 2021.

"I thought all the hard work would soon be over... then it was extended," she said. "But I'm still thankful I can still continue with (the training) I need to do."

Still, the lockdown broke her daily training regimen, keeping her away from weights for 14 days for the first time in her career.

"I felt like I was losing my mind already. I've been carrying the barbell for 18 years and all of a sudden it's gone. Those were the kinds of anxiety that I felt," she said.

But she got access to some equipment, and with her coach's urging, got back to work. She was relieved to find her strength was still there.

Instead of a Tokyo berth, the past months have been about a different kind of accomplishment for Diaz: helping her countrymen get through the coronavirus crisis.

Rosemelyn Francisco's family in Zamboanga City, Diaz's home town, is one of the first to get help from the athlete's initiative, and is deeply grateful.

Her family was not wealthy to begin with, and the pandemic has cost her husband his construction job.

"The food she donated has all everything we need, including eggs," said Francisco, 27.

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News Network
May 12,2020

New Delhi, May 12: Virat Kohli's natural talent makes him a cricketing equivalent of Roger Federer while Steve Smith's mental fortitude matches that of Rafael Nadal, said South African swashbuckler AB de Villiers comparing the two contemporary greats.

In an instagram chat with former Zimbabwe seamer Pommie Mbangwa, de Villiers spoke about the two batsmen, who are easily the game's biggest crowd-pullers right now.

"It's a difficult one, but Virat is definitely the more natural ball-striker, there's no doubt about that," de Villiers said during his interaction on 'Sports Hurricane'.

"In tennis terms, I'd say he's more like a (Roger) Federer whereas Smith is like a (Rafael) Nadal. Smith is mentally very strong and figures out a way of scoring runs - he doesn't look natural, but he ends up writing records and doing amazing things at the crease.

"I think mentally, Smith is one of the best I have ever seen. Virat has also scored runs all over the world and won games under pressure," de Villiers,himself a modern day great, said.

De Villiers also felt that when it comes to chasing, Kohli is a shade ahead of Tendulkar.

"Sachin is a role model for both of us (him and Kohli). The way he stood out in his era, the things he achieved and with the grace he did all that is a great example for everyone," de Villiers said.

"And I think Virat will also say that he set the standards for us to follow.

"But personally, in a chase, I'd say Virat is the best I've seen in my life. Sachin was amazing in all formats and all situations, but Virat comes out on top while chasing."

The world knows Kohli as a prolific cricketer but for de Villiers, he is a friend, who has interests beyond cricket and is spiritual at one level.

"He's much deeper than just a cricket player...I think most people realise after a while that there's more to life than just cricket," de Villiers said.

"...Virat's always been a thinker, he experiments (with) a lot of things, he loves trying new things out - gym wise, what he puts in his mouth. He thinks a lot about life after life - what's to come, the different religions, we talk about everything."

De Villiers said that he also shares a great bond with Indian captain's actor wife Anushka Sharma, conversing on a lot of issues including family life.

"We go pretty deep and his missus as well, Anushka, we have very deep conversations, which is fantastic. We talk about children and family. We're waiting for that first little Kohli to come.

"It's a good friendship and we always find a way to talk about cricket as well, but 90 per cent of the time we talk about other stuff. It's refreshing and in the middle of a very intense IPL tournament," he shared.

IPL, for de Villiers, is not just a tournament but also about friendships that he cherishes.

"Obviously, when it comes to the IPL in India, it's been more than friendship," De Villiers said, when asked who his best friends in cricket are.

"Virat obviously - not only during the IPL, we chat throughout the year, which means it's different than just the IPL or cricketing friendship.

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July 19,2020

Manchester, Jul 19: Former England pacer Dominic Cork reckons star all-rounder Ben Stokes will go on to become one of his country's greatest cricketers ever.

Stokes, the hero of England's World Cup triumph last year, sparkled with a fine 176 and powered his side to a strong first-inning total of 469/9 declared in the ongoing second Test against the West Indies here.

"I genuinely think he can get better because of his work ethic. He wants to bat, he wants to bowl, he wants to work on his game, wants to get better," Cork said on Sky Sports show The Cricket Debate.

"I know he works a hell of a lot on his bowling as well. I just see this man not becoming only the best in the world but one of the best we have had ever. That's how highly I rate him."

The former seamer thought things changed for better for the World Cup hero after the Bristol bar brawl three years ago.

Last year, Stokes himself had said that the unsavoury incident and the ensuing chain of events, which dogged his career for 15 months, may be the best thing that could have happened to him.

Following the incident in September 2017, Stokes was acquitted of affray by a Bristol court in August 2018, before the England and Wales Cricket Board (ECB) ended his 15-month exile after a hearing in December 2018.

Former England batsman Ravi Bopara also spoke about the remarkable change in Stokes' approach.

"I think there has definitely been a change with Ben. He has made his mistakes and learnt from them. He looks a formidable cricketer," he said.

"He is a fiery character and always has been - even if you are playing PlayStation in hotel rooms.

"But as he has had a more important role in the side as an all-rounder, making an impact with bat and ball, winning games for England, and since England have started looking at him as the main guy, his attitude has changed with it."

West Indies lead the three-match series 1-0 after their win in the opener at Southamton.

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