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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Get StartedThe Italian is the latest high-profile football figure to find himself pursued by Spain’s tax authorities in recent years.
‘I never realised something wasn’t right’: Carlo Ancelotti denies €1m tax fraud
The Guardian·18d
·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.He is the latest of several soccer celebrities to be investigated by the Spanish tax authority for alleged tax fraud.
Real Madrid coach Carlo Ancelotti takes stand in Spanish court on tax evasion charges
NBC News·18d
·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
Summary
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
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.