Internet Desk: Portuguese star forward Cristiano Ronaldo showed earning of more than 225 million euros in the year 2015, including 20 million euros kept in 22 Swiss bank accounts, a Spanish daily disclosed on Sunday as the Real Madrid heart-throb fights accusations of tax avoidance.
The Real Madrid star earned about 203.7 million euros outside of Spain & 23.5 million from the country, according to a transcript of his 2015 tax return obtained by Spanish daily El Mundo.
The statistics match the details of Ronaldo’s income, which was published on Thursday by his management company Gestifute. The company argued they show Ronaldo was in agreement with Spain’s tax authority.
But El Mundo provided more detailed information of his accountings.
The Spanish daily said Ronaldo had 20 million euros in Swiss banks the majority of it, which is more than 17 million euros, were in three accounts at Swiss private bank Mirabaud. Rest of his money in the country were kept in 19 accounts in regional Swiss bank at St. Galler Kantonal Bank.
The player had just 33,452 euros in five bank accounts in his native Portugal, the newspaper added.
Ronaldo had 14 million euros invested in 19 SICAVs, an investment fund similar to mutual funds, in Luxembourg, the daily added.
The rest of his foreign holdings was made up of shares, bonds and real estate.
Ronaldo’s finances have been in the spotlight after an international consortium of media organisations claimed earlier this month that a huge data leak involving 18 million documents showed the player hid 150 million euros from image rights in the British Virgin Islands.
Spanish tax authorities are investigating the allegations.
Ronaldo denies any wrongdoing and said after Wednesday’s 2-2 draw with Borussia Dortmund that “he who owes nothing isn’t afraid”.
The financial details released by his management company last week relate only to 2015 and Spanish tax authorities are reportedly focusing on possible irregularities in his tax declarations as a non-resident between 2011 and 2014.