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Spain taxes chased Ronaldo away from Real Madrid, says Tebas

Spain's high tax rate was a contributing factor in Cristiano Ronaldo's decision to join Juventus, according to La Liga president Javier Tebas.

Ronaldo ended his nine-year association with Real Madrid when he agreed a switch to the Serie A champions worth €112 million (£100m/$130m), signing a four-year contract.

The Portuguese forward released a statement via Madrid's website to explain his reason for requesting to leave, citing the need for a "new cycle" at this stage in his career.

However, Tebas believes the move was also partially motivated by money, noting that the player will able to earn more in Italy.