Cristiano Ronaldo moves business empire to Portugal

Good news for Portuguese tax authorities: footballing star Cristiano Ronaldo has transferred his main company from Luxembourg to Portugal, and will now start paying taxes here. With a social capital of €16 million, his CRS Holding has changed its name to CR7 Lifestyle Unipessoal – and he also has five ‘societies’ active in this country, the majority of them connected with property, hotels, events and tourism.