Source: REUTERS/JEAN CARNIEL
[Saba Sports News] According to recent reports from Spanish media, former Real Madrid manager Carlo Ancelotti has been accused by local authorities of transferring and concealing income from image rights, club activities, and commercial endorsements through offshore trusts and affiliated companies. The court also sentenced him to a fine of 386,000 euros, and he was deprived of the right to receive public assistance, subsidies, tax benefits, or social welfare for three years. However, since Ancelotti has no prior criminal record, and Real Madrid has already repaid nearly 1.5 million euros in debts on his behalf, the possibility of him actually serving jail time is low, according to Spanish law. The reporter believes that Ancelotti is a well-known coach with a distinguished career. This tax fraud conviction is undoubtedly a stain on his professional reputation. Although he is unlikely to be imprisoned due to his clean record and the debt being repaid by Real Madrid, his public image has been severely damaged, and he may face more doubts and pressures in his future coaching career.