The Provincial Court of Madrid has handed Brazil national team manager Carlo Ancelotti a one-year prison sentence and a €386,000 ($375,000) fine for a tax offense committed in 2014.
The court found Ancelotti guilty of not paying tax on his image-rights revenues during his debut season in charge of Real Madrid over a decade ago. The prosecution argued the 66-year-old only reported his salary in his Spanish tax returns, not his image-rights income.
