"Ancelotti allegedly failed to declare income from image rights between 2014 and 2015, prompting prosecutors to seek a jail term of four years and nine months."
"Prosecutors accuse Ancelotti of establishing shell companies to hide earnings from image rights and real estate, impacting Spain's treasury by more than $1.1 million."
Carlo Ancelotti, the 65-year-old coach of Real Madrid and five-time Champions League winner, is under scrutiny for allegedly failing to declare income from image rights to the Spanish tax authorities. Prosecutors are seeking a sentence of four years and nine months for Ancelotti, claiming he evaded over $1.1 million in taxes during 2014 and 2015 by reportedly using shell companies to conceal additional earnings. The trial is set to last two days and emphasizes serious allegations against a prominent figure in football coaching.
Read at www.aljazeera.com
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