Portuguese authority probing alleged tax fraud by Roldo

Lisbon, June 15: The Portuguese revenue authority is investigating alleged tax fraud by clubs and football players, including Portuguese and Real Madrid star Cristiano Roldo. Roldo has been accused by the Spanish authorities of defrauding the authorities of around $16.8 million between 2011 and 2014, but on Tuesday denied the allegations.

Madrid’s state prosecutor has alleged that Roldo used a shell company in the Virgin islands to hide his total income from Spain’s tax office.

GestiFute, a firm representing several footballers defended on Tuesday that Roldo is compliant with his tax payments. Roldo has also told jourlists he has nothing to hide. IANS