Ancelotti denies wrongdoing after Spanish prosecutors accuse him of tax fraud and seek jail sentence

Published March 6, 2024 5:12 AM

By JOSEPH WILSON
Associated Press

BARCELONA, Spain (AP) — Real Madrid coach Carlo Ancelotti has denied wrongdoing after Spanish state prosecutors accused him of tax fraud during his first stint at the club. Prosecutors claim he used shell companies to hide parts of his income. They said in a statement that they are accusing Ancelotti of two counts of tax fraud and ask for him to punished with four years and nine months of prison. They accuse the Italian coach of having defrauded 1 million euros in 2014 and 2015. The 64-year-old Ancelotti coached Madrid from 2013-15 before rejoining the club in 2021. Ancelotti says he is innocent because he was not a legal resident in 2015.

Article Topic Follows: AP-National

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