Real Madrid coach Carlo Ancelotti (64 years old) has been accused of tax fraud worth one million euros by Madrid prosecutors, who are requesting to impose a prison sentence of four years and 9 months on the Italian coach, and based their claim on the Italian coach’s fraud on the public treasury. By not paying taxes on his image rights in the amount of 1,062,079 euros, during the financial years 2014 and 2015.
According to prosecutors, Carlo Ancelotti assigned the rights to the images to several companies "with the aim of avoiding taxes on the income of the rights to the said images", and "resorted to a 'complex' and 'confusing' network of these companies to commit the aforementioned frauds."