Izuchukwu Okosi
Manchester United’s Cristiano Ronaldo’s mega-wages at Old Trafford mean the Portuguese sensation pays an astonishing £12m in tax, with several Premier League stars forking out six-figure sums to the taxman according to financial reports from the Premier League.
The five-time Ballon d’Or winner, 37, is on a reported salary of £26.52m-a-year but almost half of his eye-watering earnings are deducted from his final pay packet.
Under current tax regulations, the government claimed 45 per cent of any income above £150k – with Ronaldo more than comfortably in no.10’s additional tax rate threshold.
Join our WhatsApp ChannelPocketing more than three times the upper limit every week, Ronaldo is on a jaw dropping £510,000-a-week at Old Trafford.
But the five-time Champions League winner is forced to give back almost half his yearly salary. The taxman claims a staggering £12.78m, according to the research carried out by RIFT Tax Refunds.
That, though, still leaves Ronaldo with a mind-boggling take-home wage of £13.74m-a-year.
Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.
