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Carlo Ancelotti blames Real Madrid over €1m missed tax payment as Los Blancos manager appears in court accused of fraud

LaLiga

Real Madrid

Valencia

<p>The 65-year-old has been accused of failing to&nbsp;include income from image rights in his tax returns during his first stint as Madrid boss, which lasted from 2013 to 2015. The Italian was initially charged in 2020 over €1 million due in taxes and a prison sentence of four years and nine months plus a fine of €3.2m was requested by the Spanish Public Prosecutor’s Office.</p>

WHAT HAPPENED?

<p>Within 12 hours of the end of his team's penalty shootout win in the Copa del Rey semi-final against Real Sociedad, Ancelotti appeared in court in Madrid, where it was revealed that he has already repaid the €1.5m to the tax authorities.</p>

THE BIGGER PICTURE

<p>Ancelotti argued in court that Madrid proposed he receive part of his salary as a loan to his image rights, but he believed that it would all go to the salary he had agreed on with the club - a total of €6m net.</p><p>"I have never thought of committing fraud. I have never had a company for image rights except for these two years," he said, arguing that it was Madrid's obligation to square things up with the tax authorities. </p><p>"I was only concerned with collecting the net €6m over three years, and I never realised anything was wrong, nor did I receive any notification that the Prosecutor's Office was investigating me."</p>

WHAT ANCELOTTI SAID

<p>Ancelotti's case has not yet been resolved but the legendary coach will have to turn his attention to his team's La Liga clash against Valencia on Thursday.</p>

WHAT NEXT FOR ANCELOTTI?

Carlo Ancelotti blames Real Madrid over €1m missed tax payment as Los Blancos manager appears in court accused of fraud | Goal.com

Carlo Ancelotti appeared in court on Wednesday to face charges over unpaid taxes that could land the Real Madrid coach over four years in prison.

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