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Ancelotti Faces Jail Time as Tax Fraud Trial Concludes

Doris Israel Ijeoma by Doris Israel Ijeoma
April 3, 2025
in Business, International, News, Security & Crime
0
Ancelotti Faces Jail Time as Tax Fraud Trial Concludes

Real Madrid coach Carlo Ancelotti’s trial for alleged tax fraud has ended in Spain, with prosecutors pushing for a prison sentence of four years and nine months.

The case revolves around accusations that Ancelotti concealed earnings from the tax authorities.

The legal proceedings took place at the High Court of Justice in Madrid, where Ancelotti defended himself against the allegations. He insisted that he had no intention of committing fraud and maintained that his financial dealings were handled transparently.

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Prosecutors argue that Ancelotti failed to declare income linked to his image rights during his first stint with Real Madrid between 2013 and 2015. They claim he used a complex financial structure to reduce his tax burden, which led to a significant loss of revenue for the Spanish treasury.

The case has drawn attention due to Spain’s strict tax laws, which have led to similar trials involving high-profile football figures. Several players and coaches have faced legal action over undeclared earnings, reflecting the country’s aggressive stance on tax evasion in the sports industry.

A final verdict is expected soon, with Ancelotti awaiting the court’s decision. If convicted, he could face serious legal consequences, though appeals and negotiations could still influence the outcome. The ruling could also impact his future at Real Madrid, depending on the severity of the sentence.

 

Tags: AllegedCarlo Ancelotti’sConclusionJail TimeReal Madrid coachSpainTax Fraud Trial
Doris Israel Ijeoma

Doris Israel Ijeoma

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