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Ancelotti Convicted of 2014 Tax Fraud in Spain, Avoids Prison

A Madrid court suspended his one-year sentence in exchange for a €386,361 fine, with eligibility for public benefits revoked for three years.

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Overview

  • The Sezione 30 del Tribunale provinciale di Madrid found Ancelotti guilty of evading €386,361 in image‐rights income for the 2014 fiscal year during his first Real Madrid tenure.
  • He was acquitted of the 2015 tax fraud accusation, which had alleged the evasion of €675,718 in image‐rights earnings.
  • Spanish law bars first‐time offenders from prison for nonviolent crimes with sentences under two years, resulting in a suspended one‐year term.
  • The coach must pay a €386,361.93 fine and will be ineligible for public subsidies or tax and social security benefits for three years.
  • The verdict reflects Spain’s intensified focus on dismantling offshore image‐rights schemes used by high‐profile figures to reduce tax liabilities.