A Madrid court sentenced Brazil coach Carlo Ancelotti to a one-year prison term and a €386,000 fine for tax evasion related to his image-rights revenues while managing Real Madrid. Prosecutors sought a longer sentence of four years and nine months, arguing Ancelotti only reported his salary without including image rights income in his tax returns. The case adds to a string of investigations involving high-profile figures in sports, many of whom have settled out of court with fines. Ancelotti is likely to receive a suspended sentence due to Spain's legal framework.
A Madrid court sentenced Brazil coach Carlo Ancelotti to a one-year sentence and a €386,000 fine for tax evasion related to image rights income.
Prosecutors had sought a prison term of four years and nine months for Ancelotti regarding his tax returns from 2014 and 2015.
Ancelotti only reported his salary from Real Madrid and omitted image rights income in his Spanish tax returns, according to prosecutors.
Many high-profile players and coaches have been investigated by Spanish tax authorities, with several cases settled out of court through large fines.
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