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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Agencies
August 5,2020

New Delhi, Aug 5: "Want to know what makes him tick," said Australian pacer Kane Richardson will talking about playing alongside Royal Challengers Bangalore (RCB) skipper Virat Kohli in the Indian Premier League (IPL) 2020.

The IPL 2020 will be played in the UAE from September 19-November 10 and the tournament will run for 53 days.

In the players' auction which was conducted in December 2019, RCB managed to bag key players like Richardson, Chris Morris, Aaron Finch, Dale Steyn, Joshua Philippe, and Isuru Udana.

In an interaction with news agency, Richardson talked about playing alongside Kohli and the learning curve which is in store for him by being in the same squad as Proteas great Dale Steyn.
"Huge. These guys (Virat, AB de Villiers) are the absolute legends of the game. Anything I can learn from them will be a bonus, that's for sure.

I am really looking forward to playing with Virat, there are few more competitive players in the world. I am really looking forward to seeing what makes him tick," Richardson said.

The 29-year-old pacer also said that he would want to learn from Steyn as to how to be consistent in all formats of the game over a long period of time.

"There are loads I can learn from Dale. He has been amongst the best at the highest level for so long. His control and ability to swing the ball without losing his pace is really impressive. 

I look forward to getting in his ear about how he performs so consistently over a long period, in all forms," said Richardson who has 39 ODI wickets to his credit.

Richardson has so far played 14 games in his IPL career so far and has picked up 18 wickets. The bowler played for Pune Warriors India in 2013, Rajasthan Royals in 2014, and RCB in 2016.

For this year's IPL, RCB has also bagged Australia's limited-overs skipper Aaron Finch, and Richardson thinks having a familiar face in the camp would help him to settle better in the franchise.

"Finchey is an awesome player and a fantastic leader. I am sure it will help to have two Aussies in the side along with Josh who is playing his first tournament after a massive summer in the BBL. We are all professionals, I'm sure it won't take long for us to gel as a side," Richardson said.

However, before the IPL starts, Australia is expected to tour England for a limited-overs series, comprising of three ODIs and as many T20Is.

The side was last seen in action in March this year as they played one ODI against New Zealand in Sydney. After the first match, the remaining two ODIs were postponed due to the coronavirus pandemic.

Talking about the series against England, Kane replied: "We will be fresh, that's one thing, while the England players have been in a bubble for some time now. As long as we get enough practice in before and possibly some centre wicket it should not be an issue."

"They are World Cup holders and the number one ranked side for a very good reason. It will be a tough series also given they will have played a fair bit of cricket together by then. We know we need to work hard on our one-day game which will be a priority over the next period," he added.

The pacer also talked about how the lockdown was like for him, and Richardson feels that everyone would come back strong as a result of this break.

"The break from playing has been refreshing, to be honest. We have come back strong and are well into pre-season training with our states. As a bowler, our loads are not at their peak but we are working towards getting ready for a tour of the UK in a few weeks," Richardson said.

The Australian quick has so far played 25 ODIs and 18 T20Is, managing to take 39 and 19 wickets respectively.

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News Network
February 29,2020

Melbourne, Feb 29: India skipper Harmanpreet Kaur on Saturday said the team management has given Shafali Verma the freedom to play her natural game, which has set the Women's T20 World Cup ablaze.

The 16-year-old announced her emergence on the global stage by becoming the second highest run getter in the ongoing tournament. She has so far scored 161 runs, hitting 18 fours and nine sixes in four matches at an astounding strike rate of 161.

On Saturday, Shafali hit a 34-ball 47 to steer India to a seven-wicket victory over Sri Lanka after spinner Radha Yadav produced a career-best 4/23.

"Shafali is someone who loves to play big shots, and we don't want to stop her. She should continue doing the same and she should continue enjoying her game," Harmanpreet said after the match.

India entered the semifinals with an all-win record as they led Group A with eight points from four games and the captain insisted it is important to continue the winning momentum.

"It's really important to keep the momentum when you are winning games. You really work hard, so you can't afford to lose that momentum. You can't bowl same pace and lengths on these wickets, so you need to keep rotating the bowlers."

"Today I tried to be positive and got a few boundaries. In the upcoming games I'll try to give my best," Harmanpreet said.

Meanwhile, Sri Lanka skipper Chamari Atapattu rued the reprieves given by her side to Shafali in the form of two dropped catches.

"I think that score was not enough, we lost couple of chances, specially Shafali, it was hard to stop her," she said.

"Yeah, I got a good start but unfortunately got out in the 10th, would have wanted to stay in there till the 16th or the 17th over. I hope we can beat Bangladesh in our last game," she added.

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News Network
March 12,2020

New Delhi, Mar 12: No foreign player will be available for this year's IPL till April 15 due to visa restrictions imposed by the government to contain the novel coronavirus threat, a top BCCI source told PTI on Thursday, casting fresh doubts on the fate of the event.

"The foreign players who play in the IPL come under the Business Visa category. As per the government's directive, they can't come till April 15," a BCCI source told PTI on conditions of anonymity.

The government issued fresh advisory with a ban on all existing foreign visas, except a few categories like diplomatic and employment, till April 15 in the wake of new positive cases of novel coronavirus in the country.

India has reported 60 positive cases in the outbreak which has led to over 4,000 deaths globally.

The fate of the IPL itself will be decided on March 14 at the event's Governing Council meeting in Mumbai. "All decisions will be taken by the GC in Mumbai," the source said.

Having the IPL, starting March 29, played in empty stadiums is an option being explored.

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