Ancelotti addresses tax fraud accusations at trial – ‘Everything seemed correct’ | OneFootball

Real Madrid manager Carlo Ancelotti recently appeared in court to address allegations of tax fraud during his initial tenure at the club.

Facing accusations of defrauding the Spanish Treasury of over €1 million, Ancelotti firmly stated that he never intended to evade taxes and that all his financial matters were managed by advisors.

“For me, everything was correct,” he began saying.

The trial, held at the Madrid Provincial Court, has drawn significant attention as prosecutors pursue a substantial prison sentence of four years and nine months for the Italian coach.

It is to be noted th at the allegations centre around Ancelotti’s earnings during the fiscal years of 2014 and 2015 and according to prosecutors, he owes a total to €1,062,079.

Ancelotti’s statement

During the trial, Ancelotti maintained that he had placed full trust in his advisors to handle his tax affairs appropriately.

As far as he was concerned, everything was being managed correctly, and he had no reason to suspect any wrongdoing.

Carlo Ancelotti appeared before the court. (Photo by Denis Doyle/Getty Images)

“I was only concerned with collecting six million net for three years, and I never realized anything was wrong, and I never received any communication that the Prosecutor’s Office was investigating me.”

Ancelotti explained that he relied heavily on his English advisors to manage the transfer of his image rights to Real Madrid.

From his perspective, everything seemed legitimate and in accordance with legal standards.

“When Real Madrid proposed this to me—referring to the transfer of image rights—I contacted my English advisor and never went into the matter because everything seemed correct to me.

“I didn’t think it could be fraud. Although, if I’m here, I believe things weren’t so correct,” he stated.

The court case remains ongoing, and the final decision could have serious consequences for Ancelotti’s reputation and career.

With prosecutors pushing for a lengthy prison sentence, the Real Madrid boss now finds himself navigating a difficult legal battle that could impact his tenure at the club.