Tax evasion trial for Real Madrid coach Carlo Ancelotti opens in Spain
- Real Madrid coach Carlo Ancelotti faces trial in Madrid on Wednesday for alleged tax evasion.
- Prosecutors claim Ancelotti failed to declare income to Spain's tax office during his first stint at Real Madrid.
- The undeclared earnings of over one million euros relate to revenue from Ancelotti's image rights in 2014 and 2015.
- Prosecutors seek a four-year, nine-month jail term and a 3.2 million euro fine for two counts of tax evasion.
- Ancelotti, who trusts the justice system, might reach an out-of-court agreement as other soccer figures have done, potentially avoiding prison.
145 Articles
145 Articles
‘Everything appeared in order,’ says Real Madrid coach Carlo Ancelotti of alleged €1m tax fraud
Real Madrid coach Carlo Ancelotti told a Spanish court yesterday he had believed his tax affairs were legal as he testified in a trial in which he is accused of failing to pay €1m in tax on image rights revenue.
Carlo Ancelotti denies tax fraud as Real Madrid boss says 'I've confidence in justice' - The Mirror
Carlo Ancelotti has denied he committed tax fraud by not declaring image rights payments during his first spell at Real Madrid as coach becomes latest big name in football to face charge
Ancelotti trial, the defense in court: 'Everything seemed normal to me'
“When Real Madrid proposed the transfer of image rights, I contacted my English consultant and then I didn't deal with it anymore because everything seemed correct to me. I didn't think there was fraud even though now, since I'm here, I think things weren't quite right.” These were the words spoken by Real's coach, Carlo Ancelotti, before the provincial court of Madrid in the trial that sees him in the dock for tax fraud.
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