Carlo Ancelotti was sentenced to a year in prison for tax evasion but will not actually serve time, as he needs to pay a fine instead. The charges stem from unpaid taxes of 1 million euros on his salary during his first period managing Real Madrid. Ancelotti asserted he did not intend to commit fraud, having relied on financial advisers to manage his salary structure. He repaid the owed taxes in full by December 2021.
Brazil manager Carlo Ancelotti has been sentenced to a year in prison by a Spanish court for tax evasion but will not serve time in jail.
Ancelotti was accused of failing to pay 1 million euros in tax during his first spell at Real Madrid from 2013 to 2015.
He has to pay a fine of 386,361.93 euros and claimed he never thought about committing fraud.
Ancelotti left the structure of his salary to financial advisers, believing it was normal practice among players and coaches.
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