Spanish prosecutor seeks arrest of Carlo Ancelotti for tax evasion – News of Brazil

Spanish prosecutor seeks arrest of Carlo Ancelotti for tax evasion – News of Brazil

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A Spanish prosecutor is seeking a prison sentence of four years and nine months for the Real Madrid coach, Carlo Ancelotti, accused of evading 1 million euros (equivalent to R$5.4 million) in taxes on revenue from image rights during his time at the club between 2014 and 2015.

The prosecutor said in a statement on Wednesday that although the Italian was resident in Spain for tax purposes at the time and filed his tax returns in the country, he had omitted income earned through his image rights – 4.2 million euros (R$22.6 million) in total.

The prosecutor said Ancelotti allegedly committed two crimes of tax fraud.

Ancelotti, who returned as Real Madrid coach in 2021, did not immediately respond to a request for comment made through the club. His lawyer declined to comment.

The prosecutor accused Ancelotti of pretending to transfer his image rights to entities with no real activity outside Spain to avoid paying taxes.

Spanish authorities have pursued other celebrities on suspicion of tax evasion, including players like Cristiano Ronaldo, Lionel Messi It is Diego Costa. Everyone made deals and paid large fines.

Source: Reuters


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