Actual Madrid coach Carlo Ancelotti to face trial in Spain subsequent week on tax fraud expenses
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Spanish state prosecutors have accused the extremely profitable Italian coach of defrauding the state of 1 million euros ($1 million) in 2014 and 2015.
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MADRID: Actual Madrid coach Carlo Ancelotti will stand trial on tax evasion expenses in Spain on Wednesday.
Spanish state prosecutors have accused the extremely profitable Italian coach of defrauding the state of 1 million euros ($1 million) in 2014 and 2015.
A Madrid-based court docket set the trial date on Friday.
State prosecutors are looking for a jail sentence of as much as 4 years and 9 months on two counts of tax fraud. They accused Ancelotti in March 2024 of getting used shell firms to cover his true earnings.
Ancelotti has denied any wrongdoing.
The 65-year-old Ancelotti is one in every of soccer’s most profitable coaches. He’s the one coach to have gained the Champions League 5 occasions, three with Madrid and twice with AC Milan, and the one coach to have gained home league titles in England, Spain, Italy, Germany and France.
He coached Madrid from 2013-15 earlier than beginning his present stint in 2021.
