Ancelotti: Spanish MP requests arrest for alleged tax fraud – 03/06/2024 – Sport

Ancelotti: Spanish MP requests arrest for alleged tax fraud – 03/06/2024 – Sport

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The Public Ministry of Spain announced this Wednesday (6) that it will request four years and nine months in prison for Real Madrid coach, Italian Carlo Ancelotti, who is expected to be tried soon for alleged tax fraud.

In a statement, the Madrid MP declared that he “requests four years and nine months in prison” for the coach, accused of having defrauded the Spanish Treasury of more than one million euros (R$5.3 million at current exchange rates) between 2014 and 2015, by not declaring his income from image rights.

The announcement took place hours before the second leg between Real Madrid and RB Leipzig, in the round of 16 of the Champions League, after the Merengues’ 1-0 victory in Germany.

In July last year, the Madrid court had already announced that it would take the coach to trial, after three years of investigation. However, the process does not yet have a date set, the Public Ministry informed AFP.

According to the MP and the tax administration, the Italian coach declared his income as coach of Real Madrid in 2014 and 2015, but not income from image rights and other sources, such as real estate.

“Although he himself stated his status as resident in Spain for tax purposes and reflected that his domicile was in Madrid, he only recorded in his tax declarations the personal remuneration from work received from Real Madrid”, explains the MP in a note .

According to the organization, this omission was voluntary, since Ancelotti resorted to a “complex” and “confusing” network of companies “to channel the collection of image rights”, highlights the statement.

In this way, it “simulated” the transfer of its image rights to entities “with no real activity” based outside of Spain, “thus seeking opacity vis-à-vis the Spanish Public Treasury”, he adds.

Carlo Ancelotti had his first spell as coach of Real Madrid between 2013 and 2015, before returning in 2021.

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