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SHOCKING: Real Madrid Boss Ancelotti to Stand Trial for Alleged €1M Tax Fraud – Faces Nearly 5 Years in Jail

Real Madrid’s iconic coach, Carlo Ancelotti, is set to face trial next week over accusations of tax fraud, with Spanish prosecutors pushing for a four-year and nine-month prison sentence. The 65-year-old Italian is alleged to have concealed over €1 million ($1.1 million) in earnings from image rights between 2014 and 2015, according to a Madrid court’s statement on Friday.

Ancelotti’s Alleged Tax Evasion Scheme

Authorities claim that Ancelotti, despite declaring himself a tax resident in Spain during his time at Real Madrid, failed to report income beyond his direct salary from the club. Prosecutors argue that he established a “complex and confusing” network of shell companies to hide additional revenue from image rights, real estate, and other sources.

The trial is scheduled to begin on Wednesday and will last for two days. Court officials confirmed that the legendary coach must be physically present for the hearings.

Ancelotti’s Response & Legal Battle

Ancelotti, who has won a record five Champions League titles as a coach, including three with Real Madrid, has previously dismissed the case as “an old story” and expressed confidence in a swift resolution.

The Spanish court initially ruled 2023 that Ancelotti should stand trial, but the date was only recently set. The case adds to the long list of tax controversies involving top football figures in Spain, including Lionel Messi, Cristiano Ronaldo, and José Mourinho.

Ancelotti’s Illustrious Career at Risk?

The legal troubles come at a crucial time in Ancelotti’s career. The Italian tactician first took charge at Real Madrid in 2013, guiding them to La Décima before leaving in 2015. He later managed Bayern Munich, Napoli, and Everton before making a triumphant return to the Bernabéu in 2021.

With domestic league triumphs across five major European leagues, Ancelotti remains one of the most decorated managers in football history. However, this trial could pose a significant threat to his legacy and future in the sport.

Will Ancelotti walk free, or will he become the latest footballing great to face a shocking downfall? Stay tuned for updates!

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  • Ochapa Monday Ogbaji is a skilled Blogger, Web Designer, Content Writer, and Cybersecurity Practitioner. With a B.Sc. in Biology, he combines his scientific knowledge with his expertise in digital content creation and online security. Ochapa contributes to Newsbino.com by delivering insightful, informative content while ensuring the protection of digital spaces.

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