Carlo Ancelotti: Spain Prosecutors Seek Jail For Real Madrid Manager Over Tax

Carlo Ancelotti: Spain Prosecutors Seek Jail For Real Madrid Manager Over Tax

Isaac Darko
March 6, 2024 at 11:06 AM
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Spanish prosecutors on Wednesday called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months, saying he had failed to declare earnings to the tax office.

Madrid state prosecutor's office accused the 64-year-old Italian of having cost Spain's treasury more than one million euros in undeclared earnings from image rights in 2014 and 2015.

Ancelotti took over at Real Madrid in 2013, leaving in May 2015
Ancelotti took over at Real Madrid in 2013, leaving in May 2015.Photo: Thomas Coex
Source: AFP

The tax office said in a statement via Football Espana:

"Although he himself declared himself to be a tax resident in Spain and indicated that his home was in Madrid, he only declared in his tax returns the personal remuneration received from Real Madrid."

It accused Ancelotti of allegedly setting up a "confusing" and "complex" system of shell companies to hide his extra earnings from his image rights.

Prosecutors also alleged the Real Madrid coach "simulated" the transfer of his image rights to entities "without any real activity" based outside of Spain to maintain "opacity vis-a-vis" the Spanish treasury.

A Spanish court in July ordered Ancelotti -- regarded as one of the greatest coaches of all time -- to stand trial over the affair, but no date has been set.

Spanish enforcement effort

Spain has cracked down in recent years on celebrities like football stars Lionel Messi and Cristiano Ronaldo for not paying their full due in taxes.

Both players were found guilty of tax evasion and received prison sentences that were waived for being first-time offenders.

Colombian superstar Shakira in November agreed to receive a three-year suspended sentence and pay 7.3 million euros in fines to settle a tax fraud case and avoid trial.

Prosecutors had accused the "Hips Don't Lie" singer of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014, charges Shakira had denied, saying she only moved to Spain full time in 2015.

Ancelott's reign

Ancelotti took over at Real Madrid in 2013, leaving in May 2015, before being appointed at Bayern Munich the following year.

He later managed Napoli and Everton before returning to Real Madrid in 2021.

Ancelotti had been tipped to coach Brazil's national team when his contract with Real Madrid ended but instead in December he extended it to June 2026.

Ancelotti has won the Champions League four times -- twice with AC Milan and on two occasions with Real Madrid.

He has won domestic league titles with Madrid and Milan, in England with Chelsea, in Germany with Bayern Munich and in France with Paris Saint-Germain.

Ancelotti named best in the world

Earlier, Sports Brief reported Arsenal head coach, Mikel Arteta loves the achievements of Carlo Ancelotti and has named the Real Madrid manager as the best coach in the world.

Ancelotti has had a successful career in coaching, winning multiple titles across stints with Juventus, AC Milan, Napoli, Chelsea, Paris Saint-Germain, Bayern Munich, and Real Madrid.

The veteran Italian manager has won 25 major titles throughout his career, including four UEFA Champions League trophies and four UEFA Super Cups.

Authors
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Isaac Darko
Isaac Darko is a La Liga, Ligue 1 and Bundesliga editor at Sports Brief with a Degree in Journalism and Communications from Ghana Institute of Journalism (2010)
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