The Spanish prosecution in the indictment alleged that Ronaldo had evaded tax "in a conscious and voluntary manner".
If he really wants to leave Real Madrid, that is.
Barcelona's Neymar and Lionel Messi have also fallen into that same net in Spain, with Messi eve convicted of tax fraud, and Ronaldo, enraged by being the latest footballer to be targeted, is looking to leave the country. If they are willing to focus on Ronaldo's productivity to this day, then Real Madrid should expect a hefty offer.
Ronaldo has denied any wrongdoing, and Madrid issued a statement last week saying it believed the player was innocent.
In just 265 games for Real, Ronaldo has scored 285 goals, winning three Champions League finals in four seasons.
It's understood Ronaldo is considering a move away from the Bernabeu in the coming months as a result of growing negativity from Madrid supporters towards his performances.
The future of the Portugal worldwide remains unclear after recent reports have claimed that he wants to leave the La Liga and Champions League winners. Furthermore, the former Chelsea boss and the star exchanged a few jibes during their time in the Premier League together and were not on the best of terms come the end of the Special One's reign at Madrid.
The striker was avoiding talk over his future yesterday after helping Portugal earn a last-gasp 2-2 draw against Mexico in the Confederations Cup.
Current president Florentino Perez, who will continue in the role at Real, will speak about Ronaldo tonight. Talking but saying nothing.
If there is any club capable of spending such insane kinds of money it is Manchester United, so don't be surprised if it happens.
For all the words written and spoken about the four-time Champions League victor, the only people who really know are Ronaldo himself and long-time adviser Jorge Mendes. And the wait may be a long one.
The Portuguese legend is being linked to a return to Old Trafford, having left in 2009 to join Real for €80m.