Ancelotti Handed One-Year Prison Sentence For Tax Fraud

Former Real Madrid and Chelsea manager Carlo Ancelotti has been sentenced to one year in prison after being found guilty of tax fraud dating back to 2014

Brazil manager Carlo Ancelotti has been sentenced to one year in prison for tax fraud.

The 66-year-old was accused of failing to pay tax on his image rights revenues and was found guilty of tax fraud dating back to 2014, when he was in charge of Los Blancos.

Ancelotti was also accused of misleading the Spanish tax office to avoid paying over £833,000 in income tax.

The former Chelsea and Real Madrid manager vehemently denied any wrongdoing, insisting that he had not broken the law due to not spending the 183 days in Spain that demands tax.

He has admitted he did not pay enough tax in 2014 and blamed doing so on errors from his accountants.

Despite his sentence, Ancelotti could avoid spending any time behind bars as under Spanish laws, any sentence under two years for a non-violent crime rarely requires the defendant without previous convictions to serve jail time.

More to follow…

Dailystar.co.uk