Spain prosecutor seeks jail for Ancelotti over $1.1 million in unpaid taxes

Spain prosecutor seeks jail for Ancelotti over $1.1 million in unpaid taxes

The Straits Times - Sports·2024-03-06 19:00

MADRID - A Spanish prosecutor is seeking a prison term of four years and nine months for soccer coach Carlo Ancelotti who is accused of avoiding 1 million euros ($1.1 million) in taxes on image rights revenues while he was at Real Madrid in 2014 and 2015.

The prosecutor said in a statement on Wednesday that although the Italian was a resident in Spain for tax purposes at the time and filed his tax returns there, he had omitted the income earned through his image rights.

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