The Real Madrid coach's debts to the tax authorities have come into question
Today, Wednesday, the Spanish Public Prosecutor's Office requested a prison sentence of 4 years and 9 months for Carlo Ancelotti, according to press reports in the neighboring country. The issue will be the Real Madrid coach's debts to the tax authorities, amounting to just over one million euros, relating to the years 2014 and 2015.
The 64-year-old Italian coach resided in Madrid, but in his income declarations for those years, he declared only the salaries generated by his work, ignoring the income corresponding to the exploitation of image rights that he would have ceded to other entities. According to what was reported by the newspaper “Marca”.
“To avoid taxation of income from the above-mentioned image rights,” adds Mundo Deportivo, citing the Public Prosecutor’s Office, Ancelotti has launched “a complex and confusing network of companies to channel these revenues,” based outside Spain and “thus seeking obfuscation.” confronting the Spanish tax authorities.
This is Ancelotti's second spell at Real Madrid. The coach worked with the royal team between 2013 and 2015.
Written by Isabelle Dantas
“Writer. Communicator. Award-winning food junkie. Internet ninja. Incurable bacon fanatic.”