Brazil Coach Ancelotti Sentenced to One-year Jail Term in Spain over Tax Fraud
A Spanish court on Wednesday sentenced Brazil coach Carlo Ancelotti to a one-year prison term for tax fraud when he was Real Madrid manager in 2014.
The Madrid court also fined Ancelotti €386,000 ($452,187).
Spanish prosecutors accused Ancelotti of defrauding the state of 1 million euros ($1 million) in 2014 and 2015. State prosecutors sought a prison sentence of up to four years and nine months on two counts of tax fraud.
In March 2024, they accused Ancelotti of having used shell companies to hide his true earnings. Prosecutors claimed Ancelotti, for example, used one company that lacked “any real (economic) activity” in the Virgin Islands as part of an alleged scheme.
Carlos Sánchez, Ancelotti’s press officer, told The Associated Press that the coach “will not make comments for now.”
Ancelotti is one of soccer’s most successful coaches. He is the only coach to have won the Champions League five times, three with Madrid and twice with AC Milan, and the only coach to have won domestic league titles in England, Spain, Italy, Germany and France.
