MADRID (AP) — Real Madrid president Florentino Perez has avoided commenting on speculation that Cristiano Ronaldo wants to leave Spain.

Speaking on Monday after his reelection as club president, Perez made no mention of Ronaldo in his first public appearance since Portuguese media reported on Friday that Ronaldo was considering leaving Spain after a public prosecutor accused him of tax fraud.

Perez read a prepared speech and did not take questions from journalists at the event.

The 70-year-old Perez, who ran unopposed, was reelected for a fifth four-year mandate at the Spanish powerhouse.

Last week, a Spanish state prosecutor accused Ronaldo of defrauding Spain’s tax office of 14.7 million euros ($16.5 million) in unpaid taxes.

Ronaldo has denied any wrongdoing, and Madrid has issued a statement saying it believed the player was innocent.

A judge will now decide whether there are grounds to take the matter to court.

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