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Carlo Ancelotti Testifies in Tax Evasion Case, Denies Fraud Allegations

Real Madrid's Carlo Ancelotti claims his tax affairs were legal as he faces charges of failing to report over €1M in image rights revenue.

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  1. The Guardian
  2. NBC News

Updated: Apr 2nd, 2025, 12:47 PM ET

Summary

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Carlo Ancelotti, the manager of Real Madrid, testified in a Spanish court regarding allegations of tax evasion, asserting he thought all financial matters were legal. Prosecutors accuse him of failing to declare income from image rights, seeking a prison sentence of four years and nine months along with a fine of €3.2 million. He stated he left financial matters to his advisers and believed his salary structure was common practice. Ancelotti's case follows a trend of scrutiny faced by football figures regarding tax compliance in Spain.


Perspectives

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  • Carlo Ancelotti insists he believed he handled his financial matters correctly and never considered committing fraud.

  • He claims pressure from advisers and the club led him to focus only on his salary, omitting image rights income in tax returns.

  • Ancelotti's case is among several high-profile investigations into tax evasion by football figures in Spain, highlighting a recurrent issue.


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