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
July 24,2020

Dubai, Jul 24: The eagerly-awaited Indian Premier League will start on September 19 in the United Arab Emirates (UAE) with the final slated on November 8, IPL Chairman Brijesh Patel told PTI on Friday.

While the event's Governing Council will meet next week to chalk out the final details and approve the schedule, it is understood that the BCCI has informally intimated the franchises about the plan.

"The GC will meet shortly but we have finalised the schedule. It will run from September 19 to November 8. We expect the government approval to come through. It is a full 51-day IPL," Patel confirmed the development after PTI reported the dates on Thursday.

The IPL has been made possible by the ICC's decision to postpone the October-November T20 World Cup in Australia owing to the COVID-19 pandemic due to which the host country expressed its inability to conduct the event.

Patel said that the Standard Operating Procedure to combat the COVID-19 threat is being prepared and the BCCI will formally write to the Emirates Cricket Board.

"We are making the SOP and it will be ready in a few days. To allow crowd or not depends on the UAE government. Anyway social distancing has to be maintained. We have left it for their government to decide on that. Will also be writing to the UAE board formally," Patel said.

There are three grounds available in the UAE -- Dubai International Stadium, Sheikh Zayed Stadium (Abu Dhabi) and the Sharjah ground.

It is learnt that the BCCI will be renting the grounds of the ICC Academy for training of the teams.

The ICC Academy has two full-sized cricket grounds along with 38 turf pitches, 6 indoor pitches, a 5700 square foot outdoor conditioning area along with physiotherapy and medicine centre.

As per the current health protocol in Dubai, there is no need to be in quarantine if people are carrying a negative COVID-19 test report, but if they are not, they will have to undergo a test.

While there was speculation that the IPL will start from September 26, the BCCI decided to advance it by a week in order to ensure that the Indian team's tour of Australia is not jeopardised.

"The Indian team will have a mandatory quarantine of 14 days as per the Australian government rules. A delay would have sent the plans haywire," a BCCI official said on conditions of anonymity.

"The best part is that 51 days is not at all a curtailed period and broadcasters will be happy with full seven-week window," he added.

While the original schedule had five double-headers, Patel said the new one will feature around 12 double-headers which means two matches each on both Saturdays and Sundays.

The Indians are set to play a four-match Test series against Australia starting December 3 in Brisbane after the IPL.

It is expected that with each and every team needing at least a month's time to train, the IPL franchises will be leaving base by August 20 which gives them exactly four weeks time to prepare.

The cash-rich event was originally scheduled to start at the end of March but the COVID-19 pandemic and the travel restrictions that were put in place to contain the virus, led to an indefinite postponement.

However, BCCI President Sourav Ganguly had always maintained that the event will be held some time this year.

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Agencies
June 2,2020

New Delhi, Jun 2: Expressing solidarity with the 'Black Lives Matter' campaign, star West Indies batsman Chris Gayle has alleged that he faced racist remarks during his career and cricket is not free of the menace.

Gayle did not elaborate when he faced racial remarks but hinted it might have been during his stints at global T20 leagues.

"I have travelled the globe and experienced racial remarks towards me because I am black, believe me, the list goes on," he posted on instagram on Monday night.

"Racism is not only in football, it's in cricket too. Even within teams as a black man, I get the end of the stick. Black and powerful. Black and proud," he said.

The big-hitting batsman's comments came in the backdrop of African-American George Floyd's death in the USA after a white police officer, Derek Chauvin, pressed his knee on the handcuffed man's neck as he gasped for breath.

The incident has sparked violent protests across the USA.

"Black lives matter just like any other life. Black people matter, p***k all racist people, stop taking black people for fools, even our own black people wise the p***k up and stop bringing down your own!," Gayle wrote.

Racism in cricket was drew attention most recently last year when England pacer Jofra Archer was abused by a spectator in New Zealand.

New Zealand's top players and the cricket board had offered apologies for the incident to the Englishman.

Also on Monday night, the England cricket team's official twitter handle posted a message denouncing racism.

"We stand for diversity, We stand against racism," the message read.

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Agencies
January 5,2020

Mumbai, Jan 5: All-rounder Irfan Pathan on Saturday announced his retirement from all forms of cricket, ending an injury-ridden career that prevented him from realising his true potential.

The 35-year-old's retirement was on expected lines, considering he last played a competitive game in February 2019 during the Syed Mushtaq Ali trophy for Jammu and Kashmir.

He did not even put himself in the IPL auction pool, last month.

The left-arm seamer's bowling was like a breath of fresh air when he made his India debut against Australia at the Adelaide Oval in 2003.

He never had express pace but his natural ability to swing the ball into the right-handers got him instant success, also drawing comparisons with the great Kapil Dev.

It seemed India had found the all-rounder they were looking for since Kapil left the scene. Pathan, who last played for India in October 2012, featured in 29 Tests (1105 runs and 100 wickets), 120 ODIs (1544 runs and 173 wickets) and 24 T20 Internationals (172 runs and 28 wickets).

He was part of the victorious Indian team at the 2007 World Twenty20 and was the man-of-the-match in the final against Pakistan.

One of his best performances came on the tour of Pakistan in 2006 when he became the second Indian after Harbhajan Singh to take a Test hat-trick, removing Salman Butt, Younis Khan and Mohammad Yusuf during the Karachi game.

He also played a big role in India winning a Test match against Australia on a tough Perth wicket, which offered steep bounce.

Injuries and lack of form troubled him thereafter and his ability to swing the ball deteriorated.

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