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EVE
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The Real Madrid's legendary coach reportedly stands accused of falsifying his tax records, with prosecutors keen on putting him behind bars.
Real Madrid’s legendary manager, Carlo Ancelotti, is facing a serious legal battle that could dent his storied career.
The 65-year-old Italian was photographed arriving at the Provincial Court of Madrid on Wednesday morning, April 2, as he stands accused of tax evasion.
With Spanish prosecutors pushing for a four-year prison sentence, the stakes couldn’t be higher for ‘Don Carlo’.
Ancelotti: ‘I never realised anything was wrong’
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The Los Blancos manager is facing allegations of deliberately misleading Spain’s tax authorities during his first spell at Real Madrid between 2014 and 2015.
According to prosecutors, Ancelotti failed to pay over €1 million (£833,000) in income tax, particularly regarding his image rights earnings, per Daily Mail.
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Speaking in court, Ancelotti maintained his innocence and insisted he had no intention of committing fraud.
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As reported by Marca, the Madrid boss explained:
‘I was only concerned with collecting six million net for three years, and I never realised anything was wrong, and I never received any communication that the Prosecutor's Office was investigating me.’
He added that Real Madrid had proposed the transfer of his image rights, and he had relied on his English advisors, assuming everything was in order.
Real Madrid boss insists on innocence
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Ancelotti’s defence hinges on his claim that he was not a resident in Spain in 2015 and therefore was not legally obligated to pay tax for that year.
Spanish outlet SPORT reports the prosecution’s argument is that Ancelotti’s main source of income was from Real Madrid, as he had yet to take charge of Bayern Munich, where he moved in 2016.
The Italian previously admitted to an underpayment in 2014 but attributed it to accounting errors.
This time, Ancelotti is adamant that he has done nothing wrong.
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He was quoted to have said according to SPORT: ‘The Prosecutor's Office believes I was a resident in 2015, and I believe I wasn't. The fine has been paid, and the case is in the hands of my lawyers. I'm convinced I'm innocent. Let's see what the judge decides.’
For now, the Real Madrid boss remains focused on the defending Spanish champions, having guided them to an electrifying comeback victory over Real Sociedad in the Copa del Rey just hours before stepping into court.
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