Prosecutors Allege Hidden Income from Image Rights
Real Madrid’s manager, Carlo Ancelotti, is facing tax fraud accusations from Spanish prosecutors. The charges stem from his first stint managing the club between 2013 and 2015.
Allegations and Potential Penalty
Prosecutors claim Ancelotti evaded €1 million in taxes by failing to declare income from image rights during that period. They allege he utilized a network of “shell companies” to conceal these earnings. If found guilty, the 64-year-old Italian coach could face up to four years and nine months in prison.
Ancelotti’s Career Achievements
Ancelotti is a highly decorated manager, boasting four Champions League titles – two with Real Madrid and two with AC Milan. He also holds the unique distinction of winning league titles in England, Spain, Italy, Germany, and France.
Spain’s Tough Stance on Tax Evasion
Spain has a history of pursuing tax evasion cases involving high-profile figures in football. Previous cases include former Real Madrid coach Jose Mourinho (suspended sentence) and star players Lionel Messi and Cristiano Ronaldo (both found guilty).
Uncertain Future for Ancelotti
These charges cast a shadow over Ancelotti’s tenure at Real Madrid. While he remains highly respected for his coaching achievements, the legal outcome will undoubtedly impact his future with the club.
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