The Portugal star, who recently signed with the Turin, Italy-based FC Juventus, has reached a deal with Spanish tax authorities to pay a 3.2 million euro (3.7 million dollar) fine, the prosecutor said.
READ MORE: Ronaldo Seeks to Cut All Ties With Spain After Settling Tax Fraud Case — Reports
This amount only represents a portion of what Ronaldo owes as part of the tax evasion case. Last year, Ronaldo was accused of defrauding the Spanish Treasury of 14.7 million euros (17 million dollars) in taxes in the period from 2011 to 2014. However, the amount of taxes Ronaldo owes has been reduced to 5.7 million euros (6.6 million dollars). However, interest and court fees have brought the final sum that the football player will have to pay to 19 million euros (22 million dollars).