Former Real Madrid manager and the current Brazilian boss Carlo Ancelotti has lost his tax fraud case against the Spanish state and was found guilty. It seems that the Italian will avoid a prison sentence for his violations.
That is the last to come from the Spanish capital, where Marca says that Ancelotti has been sentenced to a year in prison for his violations. The tax department had accused him of fraud in 2014 and 2015, when he was in charge and then fired by Real Madrid after his first spell.
Initially, the Ancelotti tax department had accused of cheating the state of just over € 1 million during the two years, claiming that he did not pay the correct amount as a resident of Spain. Ancelotti had claimed that he had spent enough time elsewhere not to qualify as a resident in Spain in some time.
Ancelotti was released in 2015 of the indictment, which was € 676k, but found guilty of the indictment in 2014. As a result, he will have to pay a fine of € 386k, equal to the unpaid tax amount and is also excluded from the government grant.