Cristiano Ronaldo, hounded by allegations of tax evasion in Spain, is “delighted” to be staying at Real Madrid, according to club president Florentino Perez, who called claims that the Portuguese striker might leave the country exaggerated.

“As he said a little while back, he’s delighted to be here. No one is better placed than him to say that,” Perez told Cadena Ser radio.

Ronaldo strongly denied having evaded 14.7 million euros ($17.5 million) in tax on his image rights when he appeared in court in a preliminary hearing on July 31.

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