They’re not just blowing whistle; they’re calling for four years and nine months of jail time, claiming Ancelotti failed to declare his earnings to the tax office. This legal match is heating up!
Ancelotti, the seasoned Italian manager, finds himself in the penalty box, accused of neglecting to report over a million euros in earnings from image rights in 2014 and 2015.
The Madrid state prosecutor’s office isn’t mincing words, asserting that Ancelotti only dribbled around the truth, declaring just his salary from Real Madrid while keeping his other earnings hidden in the shadows.
The prosecution alleges that Ancelotti played a strategic game, setting up a complex network of shell companies to shield his additional earnings from the taxman’s vigilant gaze. But it seems the tax office has intercepted his play, accusing him of orchestrating a red-card-worthy move by transferring his image rights to entities outside of Spain, all to keep the treasury in the dark.
In their playbook, prosecutors have cited figures: Ancelotti pocketed 1.24 million euros from image rights in 2014 and nearly tripled that amount to 2.96 million euros in 2015.
But the final whistle hasn’t blown yet; a trial date is yet to be set. Ancelotti’s defense team may need more than just a halftime pep talk to avoid the dreaded penalty of jail time.
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Ancelotti, known for his calm demeanor on the sidelines, addressed the media after Real Madrid’s recent Champions League match, expressing his hope for a resolution. But will he emerge victorious in this legal match, or will he be shown the red card? Only time will tell.
