Ronaldo avoids jail to pay 4 1m fine for tax fraud in spain

You're referring to the recent news about Cristiano Ronaldo's tax fraud case in Spain!

Yes, it's true that Cristiano Ronaldo has reached a deal with the Spanish tax authorities to pay a fine of €4 million (approximately £3.5 million or $4.5 million) to settle a tax fraud case. As part of the agreement, Ronaldo will not face any jail time.

The case dates back to 2017, when Ronaldo was accused of evading taxes on his image rights income between 2011 and 2014. The Spanish tax authorities claimed that Ronaldo had failed to declare €14.7 million in income, resulting in a tax debt of €14.8 million.

Ronaldo's lawyers argued that the player had already paid the taxes owed, and that the amount claimed by the authorities was excessive. The case went to trial, and in June 2018, Ronaldo was found guilty of four counts of tax fraud and sentenced to a two-year prison sentence, which was suspended.

As part of the recent deal, Ronaldo has agreed to pay the €4 million fine, which is significantly lower than the original amount claimed by the authorities. The agreement also includes a provision that Ronaldo will not appeal the sentence, effectively ending the case.

It's worth noting that Ronaldo has always maintained his innocence and has denied any wrongdoing. His lawyers have argued that the case was a result of a misunderstanding and that the player had already paid the taxes owed.

Overall, the deal is seen as a victory for Ronaldo, as he avoids any jail time and pays a significantly reduced fine.