
Carlo Ancelotti found guilty of tax evasion
The head coach of Brazil's national team, Carlo Ancelotti, has been sentenced to prison – accused of tax evasion, the regional court in Madrid announced.
The court also imposed a fine of €386,361.93 ($452,268.39). The ruling is not yet final and can be appealed, CE Report quotes ATA.
The former Real Madrid coach is not expected to go to prison. Prison sentences of up to two years are generally suspended in Spain.
The public prosecutor’s office had sought a prison sentence of four years and nine months and a fine of more than €3 million.
Ancelotti was accused of failing to pay around €1.06 million to the tax authorities during his first spell at Real Madrid (2013 to 2015).
The case concerned income from image rights in 2014 and 2015, and Ancelotti was found guilty for the year 2014.
He was acquitted of tax evasion for the 2015 fiscal year.
At the hearing in Madrid earlier in April, Ancelotti said he had never intended to deceive the state and that he relied on the recommendations of the club and his advisers.