Footballer Cristiano Ronaldo has reportedly agreed to accept a £16.4m (18.8m euro) fine and suspended jail term to settle tax evasion charges. The Real Madrid and Portugal footballer, 33, was accused last year of defrauding tax authorities of €14.8m (£12.9m), charges he denies.
Under Spanish law, a two-year sentence for a first offence can be served on probation, with no requirement for custody Any deal would have to be signed off by Spain's tax agency. Back in 2010, as the financial crisis deepened, Spain lifted a tax exemption that had become known as the "Beckham law", which had allowed footballers to curb their taxes.
Barcelona's Lionel Messi was given a 21-month prison sentence in 2017 on similar charges to Ronaldo but under Spanish law was able to pay a fine instead.
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