Carlo Ancelotti Convicted for Tax Evasion in Spain

⚽ Carlo Ancelotti Convicted for Tax Evasion in Spain

Carlo Ancelotti, coach of Real Madrid, has been convicted by Spanish authorities for tax evasion related to his income during his first spell at the club.

⚖️ Details of the Conviction

According to the Spanish justice system, Ancelotti failed to declare all the income earned through his image rights between 2014 and 2015, when he was managing Real Madrid for the first time. The amount in question is estimated to be over one million euros.

The court concluded that the Italian coach created a structure to hide part of his income through offshore companies, which resulted in the conviction.

💶 Penalty and Consequences

In addition to paying the outstanding taxes and fines, Ancelotti faces a suspended prison sentence, a common practice for first-time offenders in Spain when the sentence is under two years. The coach’s legal team has stated that they will appeal the decision.

🔮 Impact on His Career

Despite the conviction, Ancelotti remains focused on his work with Real Madrid. The club has not issued an official statement on the matter, and the expectation is that the case will not affect his position as coach.

The Italian is one of the most successful managers in world football and continues to lead the team in pursuit of more trophies this season.