Connect with us

Real Madrid News

Carlo Ancelotti ready to go to trial after being accused of tax fraud – report



Photo by Denis Doyle/Getty Images

Earlier today, news broke out that Real Madrid manager Carlo Ancelotti is facing upto a five-year prison sentence for alleged tax fraud accounting to false income recorded in the years 2014 and 2015.

Following up on the story, El Mundo has reported that the Italian is ready to go to trial as he does not accept the prosecutor’s request for prison. 

For what it is worth, the manager has set aside money for the trial. If found guilty, this money could help reduce the punishment because the harm has been fixed.

What’s the story?

Earlier today, we reported that the prosecution accused Ancelotti of only recording the money he got as a salary from Real Madrid in 2014 and 2015. They said that he did not mention any extra money he earned from his image rights.

They also say Ancelotti set up a tricky system of fake companies that they find hard to understand. The prosecution claimed Ancelotti purposely left out the money he got from using his image in ads when he filled out his tax forms. 

This made it look like he didn’t earn as much and even showed he had a negative income.

It is Ancelotti’s turn

Carlo Ancelotti is ready to go to trial. (Photo by Fran Santiago/Getty Images)

Reacting to the series of events, Ancelotti has decided to go to trial to defend himself against the prosecutor’s accusation. For that, he has already paid back the money involved to potentially reduce his sentence if convicted.

It is to be noted that the prosecutor’s office in Madrid is seeking a sentence of four years and nine months in prison, accusing Ancelotti of defrauding just over a million euros between 2014 and 2015.

They claim he didn’t pay taxes amounting to €386,361 in 2014 and €675,718 in 2015. The prosecution is asking for two years and three months for the first charge and two and a half years for the second.

Meanwhile, the aforementioned outlet also quotes that last July, Judge Maria Inmaculada Lova concluded the investigation, holding Ancelotti responsible for not declaring income from advertising contracts. 

Ancelotti argued that his tax residence in 2015 was not in Spain, which was accepted by the judge. But the Prosecutor’s Office successfully appealed against the investigating judge’s decision.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Real Madrid News

Bundesliga title-winner ‘is ready for Real Madrid’, says former German great



Photo by INA FASSBENDER/AFP via Getty Images

Speaking in an interview with Sport BILD (h/t AS), Germany legend Michael Ballack has claimed that Bayer Leverkusen sensation Florian Wirtz is ready to play for Real Madrid.

Wirtz is a player that Real Madrid have been closely monitoring for a while now, with the German sensation being seen as a long-term replacement for Toni Kroos, who announced his retirement yesterday.

A move for Wirtz is being planned for the summer of 2025 and Ballack believes that the Bundesliga title winner with Leverkusen is ready for the big move to the Santiago Bernabeu.

“Wirtz is ready for Real Madrid,” said Ballack.

“In terms of football, Wirtz can definitely play for Real Madrid. You can also see it in Jude Bellingham after his move from BVB: when you play with even better players, you become even better,” he added.

The Toni Kroos replacement? (Photo by INA FASSBENDER/AFP via Getty Images)

Wirtz has a contract with Bayer Leverkusen that runs until the summer of 2027. As things stand, the new German champions have no intentions of selling their prized asset this year.

However, there appears to be an acceptance that the German international will be on the move in 2025.

Other top clubs like Manchester City and Bayern Munich are also understood to be interested, but Real Madrid are likely to beat them in the race should it come down to that next year.

A move for Wirtz, though, could cost in excess of €100 million for Real Madrid should they do indeed decide to proceed with his signing next year.

Continue Reading