July 21, 2024
Real Madrid Coach Ancelotti To Face Tax Evasion Trial
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Real Madrid Coach Ancelotti To Face Tax Evasion Trial

Carlo Ancelotti is to stand trial for tax fraud after allegedly failing to declare image rights earnings in 2014 to the Spanish tax office.

A Spanish judge said Ancelotti had “acknowledged” the actions which deprived the country’s treasury of 386,361 euros ($428,000), in a court document seen by AFP on Wednesday.

Ancelotti had declared his earnings as Real Madrid coach in the 2014 tax year, but not earnings from his image rights or other related income, according to the accusations by the Spanish tax office.

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The 64 year old Ancelotti took over at Real Madrid in 2013, before 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, where he has one year left on his contract.

The veteran coach has agreed to coach the Brazil national team from June 2024 onwards, the country’s federation said earlier in July.

    • 1 year ago

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