TAX SCANDAL
Real Madrid boss Perez must tackle Ronaldo crisis
Real Madrid president will have to appease Cristiano Ronaldo amid speculation that the superstar wants to leave
Madrid — Florentino Perez’s first task after being re-elected as Real Madrid president on Monday will be to appease superstar Cristiano Ronaldo amid speculation that the four-time world player of the year wants to leave. "As no other candidature was put forward to the board … it is proclaimed that Mr Florentino Perez Rodríguez is president of Real Madrid," the Spanish and European champions said in a statement. The 70-year-old construction magnate’s third term in charge of Europe’s most successful club spanning 15 years — 2000 to 2006 and since 2009 — was rubber-stamped at a ceremony at the Santiago-Bernabeu Stadium on Monday night. And among the first issues he will have to deal with is Ronaldo, who he bought in 2009 from Manchester United for a record €94m. Ronaldo is threatening to leave Spain after running into problems with tax authorities. Last week, the Portuguese international was accused of €14.7m in tax evasion through offshore companies. Ronaldo is in Russia competing for...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.