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Monday, 22 June 2020

Carlo Ancelotti Indicted In Spain On Suspicion Of €1M Tax Fraud During His Time As Real Madrid Manager

                                Everton manager Carlo Ancelotti indicted in Spain on suspicion of ...
The Italian and Everton manager,  Carlo Ancelotti has been indicted by Spanish prosecutor on suspicion of avoiding €1million (£903,000) in taxes.
The charge relates to tax due for image rights earnings during his time as Real Madrid boss in 2014-15.

In a statement, the Madrid Community Prosecutor's office said the 61-year-old Italian manager concealed revenues "intending to avoid his tax duties towards the public treasury with no justification".

The Toffees boss is not the first big name in football to be indicted for similar charges, Tottenham coach Jose Mourinho including Lionel Messi, Cristiano Ronaldo and Diego Costa have all recently been sued in tax cases.

They all avoided jail time by agreeing to pay fines. This could also be the faith of Ancelotti if found guilty.

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