Real Madrid manager Carlo Ancelotti to stand trial accused of €1m tax fraud
Real Madrid's head coach Carlo Ancelotti says he has "total confidence in the law and in justice". File picture: Bernat Armangue/AP Photo
The Real Madrid coach, Carlo Ancelotti, will appear in court on Wednesday to stand trial on charges of defrauding Spain’s tax office of more than €1m (£836,857) in undeclared earnings from image rights in 2014 and 2015.
Prosecutors, who are seeking a jail term of four years and nine months, allege that the 65-year-old former Chelsea and Everton manager used shell companies outside Spain to create “opacity vis-a-vis the Spanish treasury … concealing the real beneficiary of the income from the exploitation of his image rights”.
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