Real Madrid Boss Carlo Ancelotti Faces Over Four Years in Prison for Alleged Tax Fraud

Spanish Prosecutors Seek Lengthy Sentence for Renowned Football Manager

Spanish prosecutors have reportedly sought a prison sentence of more than four years for Real Madrid manager Carlo Ancelotti, accusing him of defrauding the Treasury, according to reports emerging from Spain.

State prosecutors allege that the Italian football manager utilized shell companies to conceal portions of his income during his tenure as the head of Real Madrid between 2014 and 2015, as per information obtained by the Associated Press.

Ancelotti faces two charges of tax fraud, which, if proven, could result in a sentence of four years and nine months behind bars. The allegations suggest that Ancelotti failed to report income derived from image rights during his time at Real Madrid, leading to an alleged defrauding of €1 million in both 2014 and 2015.

Despite being registered as a tax resident in Spain during that period, it is claimed that Ancelotti neglected to fulfill his tax obligations. According to reports from Spanish outlet Relevo, the alleged sums involved €386,361 in 2014 and €675,718 in 2015.

The case against Ancelotti is the latest in a series of high-profile tax fraud investigations involving prominent figures in Spanish football. Former Barcelona star Lionel Messi and his father were previously found guilty of defrauding Spain between 2007 and 2009, resulting in a substantial fine for Messi and a suspended prison sentence.

Similarly, Cristiano Ronaldo, a former Real Madrid player, accepted a significant fine from a Madrid court as part of a deal to resolve tax evasion charges. Meanwhile, former Real Madrid midfielder Xabi Alonso was acquitted of tax fraud allegations after facing trial in court.

See also  Manchester City Midfielder Bernardo Silva Vows to Thwart Manchester United's Bid for Portuguese Star Joao Neves

In the Spanish legal system, prison sentences of up to two years are typically suspended automatically for offenders without prior convictions.

Similar Posts:

Leave a Reply