Real Madrid manager Carlo Ancelotti accused in tax fraud by Spanish prosecutors

Carlo Ancelotti, the manager of Real Madrid, is accused of not declaring his income to the tax office, and Spanish prosecutors have recommended that he serve four years and nine months in prison.  

In a statement released on Wednesday, prosecutors said that Ancelotti was involved in two separate instances of tax fraud totaling one million euros ($1,1 million). 

The 64-year-old Italian has been charged by the Madrid state prosecutor's office with embezzling money from image rights that he failed to register in 2014 and 2015.  

They claim he established a “confusing” network of front firms to conceal his additional income.  

Ancelotti will face prosecution for the incident, a Spanish judge ruled in July, though no trial date has been announced.  

Ancelotti coached Madrid from 2013 to 2015 before rejoining the club in 2021. 

Ancelotti is one of football’s most successful coaches. He is the only coach to have won the Champions League four times, twice with Madrid and twice with AC Milan, and the only coach to have won domestic league titles in England, Spain, Italy, Germany and France. 

Spain has cracked down on top football players who have not paid their due. 

Former Madrid coach Jose Mourinho received a one-year suspended sentence after reaching a guilty plea for tax fraud in 2019. Star players Lionel Messi and Cristiano Ronaldo have also been found guilty of tax fraud in Spain.