Brazil boss Carlo Ancelotti has been handed a one-year prison sentence for tax fraud during his time as manager of Real Madrid.
Ancelotti was accused of defrauding the public treasury in 2014 and 2015 when he was Real Madrid manager for the first time. At the trial, the Italian told the court it was not his intention to defraud the treasury by concealing income relating to his image rights and that he simply did as he was told by the club, according to EFE. A verdict has now been reached, with Ancelotti handed a prison sentence and a fine of €386,361. He was acquitted of tax offenses for 2015.
Ancelotti may have been sentenced but he is not expected to serve any jail time. According to Reuters, defendants are rarely required to serve sentences under two years for a non-violent crime in Spanish law. Yet he will have to pay his hefty fine of €386,361. (Goal.com