Former Real Madrid Coach Carlo Ancelotti Sentenced to One Year in Prison for Tax Fraud.
Brazil head coach & former Real Madrid & Chelsea manager, Carlo Ancelotti, has been handed a one-year prison sentence after being found guilty of tax fr@ud related to his time at Real Madrid in 2014.
Spanish authorities accused the 66-year-old of failing to declare income from image rights, resulting in an alleged tax evasion of over £833,000. While Ancelotti denied any deliberate wrongdoing, he acknowledged underpaying taxes that year, attributing the issue to accounting mistakes.
He was cleared of similar charges tied to his 2015 earnings. Despite the guilty verdict, Ancelotti is not expected to serve jail time, as Spanish law typically allows first-time, non-violent offenders with sentences under 2 years to avoid imprisonment.
Ancelotti managed Real Madrid from 2013 to 2015 before moving on to Bayern Munich. He has insisted he did not reside in Spain long enough—183 days—to be legally obligated to pay taxes there.
Brazil head coach & former Real Madrid & Chelsea manager, Carlo Ancelotti, has been handed a one-year prison sentence after being found guilty of tax fr@ud related to his time at Real Madrid in 2014.
Spanish authorities accused the 66-year-old of failing to declare income from image rights, resulting in an alleged tax evasion of over £833,000. While Ancelotti denied any deliberate wrongdoing, he acknowledged underpaying taxes that year, attributing the issue to accounting mistakes.
He was cleared of similar charges tied to his 2015 earnings. Despite the guilty verdict, Ancelotti is not expected to serve jail time, as Spanish law typically allows first-time, non-violent offenders with sentences under 2 years to avoid imprisonment.
Ancelotti managed Real Madrid from 2013 to 2015 before moving on to Bayern Munich. He has insisted he did not reside in Spain long enough—183 days—to be legally obligated to pay taxes there.
Former Real Madrid Coach Carlo Ancelotti Sentenced to One Year in Prison for Tax Fraud.
Brazil head coach & former Real Madrid & Chelsea manager, Carlo Ancelotti, has been handed a one-year prison sentence after being found guilty of tax fr@ud related to his time at Real Madrid in 2014.
Spanish authorities accused the 66-year-old of failing to declare income from image rights, resulting in an alleged tax evasion of over £833,000. While Ancelotti denied any deliberate wrongdoing, he acknowledged underpaying taxes that year, attributing the issue to accounting mistakes.
He was cleared of similar charges tied to his 2015 earnings. Despite the guilty verdict, Ancelotti is not expected to serve jail time, as Spanish law typically allows first-time, non-violent offenders with sentences under 2 years to avoid imprisonment.
Ancelotti managed Real Madrid from 2013 to 2015 before moving on to Bayern Munich. He has insisted he did not reside in Spain long enough—183 days—to be legally obligated to pay taxes there.
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