Prosecutors demand five-year sentence for Ancelotti over tax fraud

Prosecutors in Spain have called for Real Madrid manager Carlo Ancelotti to be jailed for four years and nine months for allegedly avoiding one million euros (£854,000) in tax. The charges relate to image rights revenues during his first spell in charge of the club in 2014-15. The Madrid Community Prosecutor’s office accuses the Italian […]

Prosecutors in Spain have called for Real Madrid manager Carlo Ancelotti to be jailed for four years and nine months for allegedly avoiding one million euros (£854,000) in tax.

The charges relate to image rights revenues during his first spell in charge of the club in 2014-15.

The Madrid Community Prosecutor’s office accuses the Italian of creating a “confusing” and “complex” system of shell companies to hide extra earnings.

He was also accused of having “simulated” the transfer of his image rights to entities “without any real activity” based outside of Spain to avoid paying taxes.

Spain has cracked down on a number of sports stars and celebrities in recent years for alleged tax avoidance.