After ordering football superstar Cristiano Ronaldo to pay 18.8 million euros ($21.6 million) to settle a tax fraud claim, Spanish authorities have reduced the sum by two million euros, according to reports Friday.
Spain’s taxman and Ronaldo’s advisors made the deal to settle claims the 33-year-old, who has since moved to Italy’s Juventus, hid income generated from image rights while he was playing for Real Madrid.
The agreement also includes a two-year jail sentence which he won’t serve. Sentences of up to two years are generally not enforced in Spain for first-time offenders in non-violent crimes.
According to reports, tax authorities realised he paid two million euros too much last year for image rights he sold in 2014.
That means he only has to pay 16.7 million euros. It added that Ronaldo has already paid 13.4 million euros.