Summary
Carlo Ancelotti, the coach of Brazil's national football team and former Real Madrid manager, received a one-year suspended prison sentence and a fine for tax fraud in Spain. He was accused of hiding his earnings through shell companies but will not serve jail time because his sentence is less than two years.
Key Facts
- A Spanish court sentenced Carlo Ancelotti to a one-year suspended prison term for tax fraud.
- Ancelotti was also fined 386,000 euros by the court.
- He was accused of defrauding the Spanish state of 1 million euros in 2014 and 2015.
- Ancelotti will not serve time in jail because his sentence is under two years, and he is a first-time offender.
- Prosecutors claimed that Ancelotti used shell companies to hide his income.
- Ancelotti previously managed Real Madrid and now coaches Brazil's national team.
- Prominent football figures like Lionel Messi and Cristiano Ronaldo have faced similar tax issues in Spain.
- Ancelotti won the Champions League five times and league titles in five different countries.
