Real Madrid coach Carlo Ancelotti is set to appear in court on Wednesday over allegations of failing to pay €1 million in taxes on image rights earnings during his first tenure at the club. Prosecutors seek a prison sentence of nearly five years and a €3.2 million fine.
Carlo Ancelotti, head coach of Real Madrid, will stand trial in Spain starting Wednesday, facing charges of tax evasion related to his image rights income from his first stint at the club. Authorities accuse him of failing to declare €1 million ($1.08 million) in earnings in 2014 and 2015.
Ancelotti is among several football figures investigated by Spain's tax authorities. While many, including Cristiano Ronaldo and Diego Costa, settled their cases with hefty fines, Bayer Leverkusen coach Xabi Alonso was acquitted by the Supreme Court in 2023 after refusing a settlement.
Prosecutors are seeking a prison sentence of four years and nine months, along with a €3.2 million fine. They argue that Ancelotti only reported his salary from Real Madrid, omitting income from image rights.
Ancelotti recently expressed confidence in Spain’s legal system and stated he is ready to testify. Before the trial, prosecutors confirmed that Spanish tax authorities had already seized the owed amount plus interest.
The trial, set to last three days in a Madrid court, could still end in an out-of-court settlement at any stage. Ancelotti, who returned to coach Real Madrid in 2021, has won five Champions League titles as a manager—twice with AC Milan and three times with Real Madrid.
Armenian Prime Minister Nikol Pashinyan's party is on course for victory, with Armenian media reporting that the country's Central Election Commission...
Flights from Shiraz's main airport have been cancelled until 20:00 local time, according to Iranian media, as Iran and Israel continue exchanging stri...
Kazakhstan will require major businesses to introduce five-year water-saving plans as authorities warn that worsening shortages could threaten not onl...
A powerful earthquake struck off the southern Philippine island of Mindanao on Monday (8 June), killing at least 32 people and triggering tsunami war...
A French Rafale fighter jet shot down a drone that entered Latvian airspace from Russia on Monday (8 June), triggering security alerts and renewing co...
Armenian Prime Minister Nikol Pashinyan's party is on course for victory, with Armenian media reporting that the country's Central Election Commission has completed the vote count in the parliamentary elections. An official announcement is still expected.
Kazakhstan will require major businesses to introduce five-year water-saving plans as authorities warn that worsening shortages could threaten not only the environment but also the country's economy.
A powerful earthquake struck off the southern Philippine island of Mindanao on Monday (8 June), killing at least 32 people and triggering tsunami warnings across the region.
A French Rafale fighter jet shot down a drone that entered Latvian airspace from Russia on Monday (8 June), triggering security alerts and renewing concerns about the impact of the war in Ukraine on NATO's eastern flank.
Counting is underway in Armenia's elections. The results of the vote are set to determine the political direction of the country of three million people for the next few years. Prime Minister Nikol Pashinyan is hoping to fend off challenges from several pro-Russia candidates to secure a third term.
Armenian Prime Minister Nikol Pashinyan's party is on course for victory, with Armenian media reporting that the country's Central Election Commission has completed the vote count in the parliamentary elections. An official announcement is still expected.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
Azerbaijan's Foreign Ministry has confirmed the number of casualties its citizens suffered as a result of the 5 June drone attacks on the cargo ships Natra and Zircon in the Sea of Azov. In a statement, it said four Azerbaijani citizens were killed and four others were injured.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
A French Rafale fighter jet shot down a drone that entered Latvian airspace from Russia on Monday (8 June), triggering security alerts and renewing concerns about the impact of the war in Ukraine on NATO's eastern flank.
Chinese President Xi Jinping arrived in Pyongyang on Monday (8 June) for a rare summit with North Korean leader Kim Jong Un, receiving a grand welcome as he described relations between the two countries as being at a "new historical starting point".
Football fans of all ages gathered in Miami Beach for a World Cup sticker trading event, exchanging duplicates and comparing Panini albums as they prepared for the tournament's opening match.
A city north of Tokyo has suspended classes at all 94 of its primary and middle schools after its first-ever reported bear sighting, amid growing concern over increasing encounters between bears and people across Japan.
A Turkish fishing vessel rescued migrants from a boat in distress in international waters off Malta on Sunday (7 June), after the overcrowded craft capsized in the central Mediterranean.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment