Carlo Ancelotti handed one-year prison sentence after former Real Madrid and Chelsea boss found guilty of tax fraud
The Brazil manager has been found guilty of tax fraud dating back to 2014 when he was in charge at Real Madrid.
1
Carlo Ancelotti has been sentenced to one year in prison for tax fraud.
Credit: AFP
He was accused of concealing income related to his image rights.
But, he has been acquitted of another possible tax offences committed in 2015, also related to the collection of his image rights while he was employed by Real Madrid.
Despite the verdict, Ancelotti is unlikely to serve any time behind bars.
Under Spanish law any sentence under two years for a non-violent crime rarely requires a defendant without previous convictions to serve jail time.
READ MORE IN football
The 66-year-old was accused of misleading
the tax office to avoid paying over £833,000 in
income tax
.
Ancelotti had vehemently denied any wrongdoing - but the former
He admitted to not paying his fair share of tax in 2014 but blamed his doing so on errors from his accountants.
Ancelotti is adamant he hasn't broken the law, claiming he did not spend the 183 days in Spain required to pay tax.
Most read in Football
Similarly,
Barcelona
legend
Lionel Messi
and his father, Jorge, were convicted of tax fraud for defrauding the government of £3.4m between 2007 and 2009.
In 2016, the Argentine was hit with a 21-month jail term for using tax havens to conceal his earnings from image rights.
But he ended up paying a fine of £223,000 instead.
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