Close Menu
Chronicle.ng
    Trending Stories
    NAF bombs Boko Haram camp in Borno, kills ‘terrorists planning Sallah attacks’

    NAF airstrikes kill many terrorists in Niger

    June 27, 2025
    Nigerian man Edikan Adiakpan arrested in US over multimillion-dollar fraud

    Nigerian man Edikan Adiakpan arrested in US over multimillion-dollar fraud

    June 27, 2025
    Khamenei hails Iran’s 'victory' over US, Israel

    Israel would have killed Iran’s supreme leader – Katz

    June 27, 2025
    Facebook X (Twitter) Instagram
    Trending
    • NAF airstrikes kill many terrorists in Niger
    • Nigerian man Edikan Adiakpan arrested in US over multimillion-dollar fraud
    • Israel would have killed Iran’s supreme leader – Katz
    • Rivers: Fubara confirms ‘supernatural’ end of political rift with Wike
    • Leicester sack Van Nistelrooy after relegation disaster, Dyche tipped to take over
    • Wike confirms end of Fubara political rift, promises to work with Rivers gov
    • Court adjourns Yahaya Bello’s N110bn fraud trial to July 8
    • Yahaya Bello: EFCC witness reveals how N1.09bn was withdrawn from Kogi govt account in four days
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Friday, June 27
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    Ancelotti to face five-year jail term for tax evasion

    Opalim LiftedBy Opalim LiftedMarch 6, 2024No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Ancelotti quiet on Real future amid Brazil links
    Ancelotti quiet on Real future amid Brazil links
    Facebook Twitter WhatsApp

    A Spanish prosecutor is seeking a prison term of four years and nine months for football coach Carlo Ancelotti who is accused of avoiding 1 million euros ($1.1 million) in taxes on image rights revenues while he was at Real Madrid in 2014 and 2015.

    The prosecutor said in a statement on Wednesday that although the Italian was a resident in Spain for tax purposes at the time and filed his tax returns there, he had omitted the income earned through his image rights – 4.2 million euros in total.

    The prosecutor said Ancelotti allegedly committed two tax fraud crimes.

    Ancelotti, who returned as Real Madrid coach in 2021, did not immediately reply to a request for comment made through Real Madrid. His lawyer declined to comment.

    The prosecutor accused Real Madrid coach of pretending to transfer his image rights to entities lacking real activity outside Spain to avoid paying taxes.

    Spanish authorities have pursued other celebrities over suspected tax evasion, including players such as Cristiano Ronaldo, Lionel Messi and Diego Costa. All settled and paid large fines.

    • 2026: Carlo Ancelotti signs new Real Madrid contract

    As well as working for Real Madrid and Everton, Ancelotti has had trophy-laden spells at other European clubs including AC Milan, Chelsea, Paris St Germain and Bayern Munich.

    A former player who was capped 26 times for Italy and played in the 1990 World Cup, Ancelotti has won the Champions League four times as a coach, twice with AC Milan and twice with Real Madrid

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Leicester sack Van Nistelrooy after relegation disaster, Dyche tipped to take over

    Leicester sack Van Nistelrooy after relegation disaster, Dyche tipped to take over

    Cristiano Ronaldo is expected to earn about $275 million following his contract extension with Al Nassr

    Ronaldo signs mega contract extension at Al Nassr

    Jeremy Doku put Manchester City ahead in the ninth minute of the match against Juventus

    Manchester City thrash Juventus to top group at Club World Cup

    Wilfred Ndidi score a late goal to ensure Leicester draw West Ham at the King Power Stadium

    Ndidi’s £9m release clause triggers Premier League transfer battle

    Inter Milan beat River Plate to reach Club World Cup last 16

    Inter Milan beat River Plate to reach Club World Cup last 16

    Chioma Ajunwa blames poor leadership for athletes’ exit

    Chioma Ajunwa blames poor leadership for athletes’ exit

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    NAF bombs Boko Haram camp in Borno, kills ‘terrorists planning Sallah attacks’

    NAF airstrikes kill many terrorists in Niger

    June 27, 2025
    Nigerian man Edikan Adiakpan arrested in US over multimillion-dollar fraud

    Nigerian man Edikan Adiakpan arrested in US over multimillion-dollar fraud

    June 27, 2025
    Khamenei hails Iran’s 'victory' over US, Israel

    Israel would have killed Iran’s supreme leader – Katz

    June 27, 2025
    Fubara locked out of Rivers assembly for not following due process - Wike

    Rivers: Fubara confirms ‘supernatural’ end of political rift with Wike

    June 27, 2025
    Leicester sack Van Nistelrooy after relegation disaster, Dyche tipped to take over

    Leicester sack Van Nistelrooy after relegation disaster, Dyche tipped to take over

    June 27, 2025
    Facebook X (Twitter) Instagram
    • News
    • Politics
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.