Real Madrid Coach Carlo Ancelotti Faces Prison Sentence for Tax Evasion

Real Madrid Coach Carlo Ancelotti Faces Prison Sentence for Tax Evasion

Spanish prosecutors have requested a four-year and nine-month prison sentence for Real Madrid coach Carlo Ancelotti, alleging that he failed to declare earnings to the tax office. The charges stem from undeclared image rights earnings in 2014 and 2015, amounting to over one million euros.

Prosecutors accuse Ancelotti of establishing a complex system of shell companies to conceal his earnings from image rights and other sources. They allege that he "simulated" the transfer of his image rights to entities outside Spain to avoid paying taxes.

In 2014, Ancelotti earned 1.24 million euros from image rights sales, and 2.96 million euros in 2015. A Spanish court ordered him to stand trial in July, but a date has not yet been set.

Ancelotti has acknowledged the actions that deprived the treasury of money, according to court documents. This could lead to an agreement with prosecutors to settle the case without trial and avoid prison.

Spain has recently cracked down on tax evasion among high-profile football players. Lionel Messi, Cristiano Ronaldo, and Jose Mourinho have all faced charges and received sentences.

Ancelotti took over as Real Madrid coach in 2013 and left in 2015. He has since managed Bayern Munich, Napoli, and Everton before returning to Real Madrid in 2021. He has won the Champions League four times and domestic league titles in multiple countries.

Tags: #CarloAncelotti, #RealMadrid, #TaxEvasion, #ImageRights, #SpanishProsecutors

Read more