Cristiano Ronaldo has paid £12.1 million to Spanish tax authorities in an effort to settle a dispute over tax fraud.

The 33-year-old has also accepted a two-year suspended prison sentence and will pay a further £4.7 million in fines and costs, according to Spanish radio station Cadena Cope.

Ronaldo is among several football stars who plied their trade in La Liga to be taken to court over Spanish tax disputes.

The Portuguese international completed a transfer to Juventus from Real Madrid earlier this month with recurring tax issues suspected to be one of the factors that influenced his decision to move.