Brazil Coach Ancelotti Sentenced to One-Year Prison in Spain for 2014 Tax Evasion
Brazil Coach Ancelotti Sentenced to One-Year Prison in Spain for 2014 Tax Evasion

Brazil Coach Ancelotti Sentenced to One-Year Prison in Spain for 2014 Tax Evasion

News summary

Carlo Ancelotti, the current Brazil national team coach and former Real Madrid manager, has been sentenced to one year in prison by a Spanish court for tax evasion related to unpaid taxes on his image rights revenues from 2014. The court fined him approximately €386,000 and prohibited him from receiving public assistance or tax benefits for three years, but under Spanish law, he will not serve jail time due to the sentence being under two years and his clean criminal record. Ancelotti was acquitted of a similar charge related to 2015, as the court could not prove he was in Spain long enough to incur tax liabilities that year. He has stated that he never intended to commit fraud and had relied on the financial advice provided by Real Madrid, noting that similar practices were common among players and coaches at the time. Ancelotti fully repaid the tax debt in December 2021. Despite the conviction, the sentence is unlikely to impact his current role as Brazil's manager.

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