Carlo Ancelotti could reportedly face over four years in prison after prosecuters in Madrid charged the Real Madrid head coach with having defrauded the Treasury to the tune of over £854,000 (€1million), according to reports in Spain.
Carlo Ancelotti ‘could face over FOUR YEARS in prison. The Italian manager is said to have not paid the necessary tax during his first stint managing the Madrid club between 2013 and 2015, despite being registered as a resident in Spain for tax purposes.
Ancelotti allegedly declared his earnings from his Real Madrid salary, but is accused of having omitted money earned from his image rights, instead transferring the sum to other entities.
The former Chelsea and AC Milan head coach has been charged with two crimes against Spain’s Public Treasury by the Provincial Prosecutor’s Officer in Madrid, and as per Marca, a prison sentence of four years and nine months has been requested should Ancelotti be found guilty.
However, should the sentence be reduced to less than two years by the judge presiding over the case, Ancelotti could yet serve is as a suspended sentence, due to his being a first-time offender for a financial crime.
