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Real Madrid manager, Ancelotti faces five-year imprisonment over tax fraud

The Prosecutor’s Office in Spain is seeking a five-year jail term for Real Madrid manager, Carlo Ancelotti, for tax fraud. Relevo reports that the Italian is facing two charges of having defrauded…

The Prosecutor’s Office in Spain is seeking a five-year jail term for Real Madrid manager, Carlo Ancelotti, for tax fraud.

Relevo reports that the Italian is facing two charges of having defrauded the Treasury of over €1 million.

This happened between 2014 and 2015 during Ancelotti’s first stint at Madrid.

The Prosecutor’s Office is now demanding a prison sentence of four years and nine months for Ancelotti.

The issue relates to Ancelotti only including remuneration from his job as Madrid manager in his tax return and not including income from image rights.

The amounts relate to €386,361 in 2014 and €675,718 in 2015

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Published March 6, 2024
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