The Madrid Provincial Prosecutor's Office has requested a four-year and nine-month prison sentence for Carlo Ancelotti, the Real Madrid coach, accused of tax fraud for a total amount of 1.062.079 euros in the 2014 and 2015 tax periods. According to the newspaper Marca, Ancelotti is accused of two crimes against the Treasury, since, despite having declared that he was a resident in Spain for tax purposes and that his domicile was in Madrid, he failed to fulfill the tax obligations related to the use of his image rights, which were transferred to third-party entities.
The prosecution claims that Ancelotti, while concentrating on the Champions League match against RB Leipzig, signed an employment contract on 4 July 2013 as manager of Real Madrid, covering the period from July 2013 to 30 June 2016. The contract included remuneration for his work and proceeds from the sale of his image rights to the club. Although the Italian coach began working and residing in Spain in July 2013, establishing his domicile in Madrid, the prosecution claims that Spain remained his main centre of personal relations and economic interests even after the premature termination of his relationship with Real Madrid in May 2015.
The prosecution emphasizes that Ancelotti would have used a network of trusts and complex companies to evade taxation on income from image rights, simulating the transfer to entities "with no real activity" located outside Spain. This would have contributed to opaque his financial situation with the Spanish Treasury, allowing him to avoid paying taxes on large sums received both in Spain and abroad.
Article published on March 6, 2024 - 12pm
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