Spanish prosecutors accuse Real Madrid manager Carlo Ancelotti of tax fraud
Al Jazeera
Prosecutors have called for a prison sentence of four years and nine months for the manager for failing to declare earnings of 1 million euros.
Spanish prosecutors have called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office.
Prosecutors said in a statement Wednesday that they are accusing Ancelotti of two accounts of tax fraud worth 1 million euros ($1,1m).
The Madrid state prosecutor’s office has accused the 64-year-old Italian of having deprived Spain’s treasury of the earnings from image rights that he did not declare in 2014 and 2015.
They have accused him of allegedly setting up a “confusing” system of shell companies to hide his extra earnings.
A Spanish court in July ordered Ancelotti to stand trial over the affair but no date has been set.
