Cristiano Ronaldo to pay Euro 18.8 million fine and a suspended jail term in Spain

Portuguese soccer star Cristiano Ronaldo accepted a fine and suspended jail term for tax fraud in Spain on Tuesday, signing a deal to settle a case which will cost him a total of 18.8 million euros ($21.4 million). The 33-year-old Juventus forward is unlikely to serve any time in jail as the sentence was expected to be within a two-year threshold that can be served on probation as a first offence under Spanish law. ($1 = 0.8803 euros) 

(With inputs from agencies.)