Ronaldo ready to pay 14.7 million euros in Spanish tax fraud case: media

Real Madrid striker Cristiano Ronaldo is reportedly ready to pay Spain's tax authorities 14.7 million euros. [Photo: qq.com]

It's being reported that Real Madrid striker Cristiano Ronaldo is ready to pay Spain's tax authorities 14.7 million euros, the amount he has been accused of defrauding by a prosecutor.

The report says the 32-year-old would make this payment as a gesture of good will.

It also added that Ronaldo will reiterate at a hearing on July 31 that he is innocent and has never hidden any income from the taxman or committed any tax fraud in Spain.

The Spanish prosecutor says the Real Madrid forward knowingly used a business structure to hide his image rights income in Spain between 2011 and 2014.

Ronaldo has denied the charges.