Ex-Real Madrid coach Ancelotti gets year's jail for tax fraud
A Spanish court on Wednesday sentenced former Real Madrid manager Carlo Ancelotti to a year in jail for tax fraud committed in 2014, a punishment that will not oblige the Brazil coach to serve prison time.
Prosecutors alleged the Italian created a system of shell companies to hide extra earnings during his first spell as Real Madrid manager in 2014 and 2015, notably through image rights.
They said the 66-year-old, one of the most successful managers in football history, failed to pay more than one million euros due to undeclared earnings in those years, seeking four years and nine months' jail against him.
Ancelotti denied having intentionally committed fraud at his highly publicised trial in April, saying he never realised a scheme allowing him to collect some of his salary in image rights would see him pay less tax.
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