Izuchukwu OkosiManchester 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.
Pocketing 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.
In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio.
He worked there for 13 years until October 2017.
Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch.
He also undertook freelance writing gigs for some local and international organizations.
Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ).
He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line.
Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.
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