Spanish state prosecutors have accused Real Madrid coach Carlo Ancelotti of tax fraud, alleging that he used shell companies to hide part of his income during his first tenure at the club. The prosecutors claim that Ancelotti faces two counts of tax fraud, which could result in a prison sentence of four years and nine months if found guilty. It is alleged that Ancelotti evaded €1 million in taxes in 2014 and 2015 by not declaring income from image rights and setting up a complex system of shell companies to conceal his earnings.
Carlo Ancelotti, a highly successful football coach, has won the Champions League four times and domestic league titles in multiple countries. He coached Real Madrid from 2013-2015 before returning to the club in 2021. This case is part of Spain’s crackdown on high-profile football figures who have been accused of tax fraud. Former Madrid coach Jose Mourinho and star players Lionel Messi and Cristiano Ronaldo have also faced similar allegations in the past.
If Ancelotti is found guilty, he could face significant consequences, including potential jail time. The accusations against him highlight the ongoing issue of tax fraud within the football industry and the importance of holding individuals accountable for their financial actions. Ancelotti’s case adds to the list of prominent figures in the football world who have faced legal scrutiny over tax-related matters.
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