Ex Real Madrid boss sentenced to one year in prison for tax evasion
Briefly

A Spanish court has sentenced Carlo Ancelotti to one year in prison for tax fraud related to an offence from 2014 and imposed a fine of over €386,000. The court acquitted him of similar charges from 2015 due to insufficient evidence. Under Spanish law, Ancelotti may not serve time due to the non-violent nature of the crime and his clean criminal record. However, he will be ineligible for public aid and tax benefits in Spain for three years following the ruling. Ancelotti asserts he acted on Real Madrid's legal advice regarding taxes.
A Spanish court has sentenced Carlo Ancelotti to one year in prison for tax fraud, with a fine of over €386,000 due to an offence committed in 2014.
Despite the conviction, Ancelotti is likely to avoid serving time since Spanish law does not mandate prison for non-violent offences under two years.
The court ruling bars Ancelotti from obtaining public aid, subsidies, or tax benefits in Spain for three years following the conviction.
Ancelotti claims he acted on the legal advice of Real Madrid and settled his tax debt in December 2021, denying any intent to defraud.
Read at euronews
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