The former Real Madrid coach Carlo Ancelotti, who failed to declare income derived from image rights, was sentenced to an year in prison on charges of tax fraud.
Ancelotti was found guilty in 2014 of a fraud charge that dated back to his first stint as Real coach.
This is the first time that a nonviolent crime has been sentenced to a term of imprisonment under two years.
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He has also been fined €386,361.93 as compensation to the Treasury over non-payment in 2014.
Ancelotti was acquitted by a Madrid court of a second offence amounting to over €675,000 of fraud in 2015- also related over image rights.
Ancelotti, during the April trial, testified that he had never thought about defrauding Treasury.
He said that he did only what Real Madrid’s advisors and he told him.
Prosecutors wanted him jailed for four years and nine months plus a fine of €3.2 million.
The tax row involved image rights revenues with the accusation that Ancelotti created a ‘confusing’ and ‘complex’ system of shell companies to hide his earnings.
Ancelotti’s second stint as coach at Real Madrid ended in May, and he was replaced by Xabi Alonso, a former Real Madrid star.
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