Tax fraud: Ancelotti sentenced to one year in prison
Head coach of Brazil national team, Carlo Ancelotti, has been sentenced to one year in prison for tax fraud.
As reported by the Sun UK, Ancelotti was found guilty of tax fraud dating back to 2014 when he was in charge at Real Madrid.
The Italian was accused of concealing income related to his image rights.
But, the former Real Madrid and Chelsea manager has been acquitted of other 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 the Spanish law any sentence under two years for a non-violent crime rarely requires a defendant without previous convictions to serve jail time.
Ancelotti spent three years in his first reign as Real Madrid manager, before leaving in 2016 to join Bayern Munich for a season.
He returned to the Los Blancos in 2021 after spells at Napoli and Everton before leaving Santiago Bernabeu again to take over Brazil this year.
Ancelotti was accused of misleading the tax office to avoid paying over £833,000 in income tax.
However, the 66-year-old had vehemently denied any wrongdoing, but has previously underpaid tax.
Tax fraud: Ancelotti sentenced to one year in prison
