English Premiership

Ronaldo, Mourinho hit back on tax claims

2016-12-02 16:47
Cristiano Ronaldo (Getty Images)

Paris - Cristiano Ronaldo and Jose Mourinho could have been involved in a multi-million-euro system of "tax evasion and money laundering", according to leaked documents obtained by a number of media outlets.

A group of 12 European newspapers said it intends to disclose over the next three weeks the results of investigations into widespread alleged corruption at the heart of football under the banner "Football Leaks".

Based on leaked documents obtained by German weekly Der Spiegel, the outlets claim that Real Madrid and Portuguese star Ronaldo could have "hidden 150 million in tax havens in Switzerland and the British Virgin Islands".

Ronaldo, it is claimed, benefits from "a system developed by his agent Jorge Mendes".

They cite two operations related to advertising revenue of the Portuguese star.

The first, between 2009 and 2014, could represent "74.8 million via an offshore company called Tollin, registered in the British Virgin Islands", said the report released Friday.

"He would have eventually declared a part of it," added the report sent to AFP by the Mediapart organisation.

"The lawyers of the player told the (media) consortium that a Spanish tax audit aimed at Cristiano Ronaldo was still in progress," the newspapers said.

In the second operation, Ronaldo could have "avoided 31 million of taxes" according to these newspapers, making the most of "12 days of an ultra-advantageous tax regime" on his marketing rights for the period 2015-2020.

According to the European Investigative Collaborations (EIC) consortium, Manchester United manager Mourinho is said - again via Mendes - to have "concealed 12 million in a Swiss account owned by a British Virgin Islands company."

It was "subject to a tax audit in Spain... which resulted in a recovery of 4.4 million, penalties included".

Friday's first batch of leaks centred on "a system" put in place, according to the newspapers, by Mendes, the super-agent of Ronaldo and Mourinho.

The system overall would have accounted for a loss of "at least 185 million of sponsorship income from the tax administrations through a network of offshore accounts and offshore companies in Ireland, the British Virgin Islands, Panama and Switzerland".

In response, Mendes's company Gestifute said Friday that Ronaldo and Mourinho had "fully respected their obligations vis-a-vis the Spanish and British authorities".

The company accused the media consortium of operating in an "insidious" way concerning the stars' tax obligations.

It said that neither Ronaldo nor Mourinho "have been implicated in legal proceedings of the tax evasion commission in Spain".

Read more on:    jose mourinho  |  cristiano ronaldo  |  soccer
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