Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Cristiano Ronaldo accused of using offshore firms in Luxembourg and Jersey

Cristiano Ronaldo accused of using offshore firms in Luxembourg and Jersey
Copyright 
By Euronews
Published on Updated
Share Comments
Share Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

Documents provided to the German magazine Der Spiegel suggest that the Real Madrid player operated a holding in Luxembourg and a trust in Jersey in 2015.

Cristiano Ronaldo has used more offshore firms than previously thought.

ADVERTISEMENT
ADVERTISEMENT

Documents provided to Der Spiegel by the whistleblower platform Football Leaks, suggest that the Real Madrid player operated a holding in Luxembourg and a trust in Jersey in 2015.

The German magazine also says that tax investigators from Spain, Britain, Ireland, Cyprus and the Netherlands are examining the affairs of the player's agent Jorge Mendes.

The forward is the "sole beneficial owner" behind the structure but has not been accused of wrong doing,

There is nothing illegal in using offshore companies, provided tax is paid on income generated. It is not known if the player has done this.

There is, however, no mention of a Jersey trust in his tax declaration for 2015.

Go to accessibility shortcuts
Share Comments

Read more

UEFA suspends Benfica's Prestianni for one match over alleged racist abuse towards Vinícius Júnior

Racism is not rivalry. It is a crime

UEFA set to probe racism row after Real Madrid's Vinícius Jr claims abuse in Benfica match