Carlo Ancelotti will face tax evasion as it is alleged that he did not report his earnings from image rights to the Spanish tax authorities in 2014.
A judge in Spain has stated that Ancelotti has admitted to these actions, which resulted in a loss of 386,361 euros (£330,285) for the country’s treasury. This information was revealed in a court document obtained by AFP on Wednesday.
“It is evident that there are sufficient indications to consider the deeds under investigation could constitute an alleged offence against the public treasury,” said the judge in her findings.
According to the Spanish tax office, Carlo Ancelotti declared his earnings as the coach of Real Madrid in the 2014 tax year, but did not include his earnings from image rights or other related income. The court official rejected a similar complaint about Ancelotti’s tax return from 2015, when he was a tax resident in the United Kingdom.
The Italian coach joined Real Madrid in 2013 and departed in May 2015. He then took charge of Bayern Munich the following year. Ancelotti later managed Napoli and Everton before returning to Real Madrid in 2021, where he still has one year remaining on his contract.
In July, it was announced that Carlo Ancelotti has agreed to lead the Brazil national team starting from June 2024, as confirmed by the country’s federation.