Ancelotti given one-year suspended prison sentence over tax offences
Brazil national team head coach Carlo Ancelotti has been given a one-year suspended sentence over tax evasion dating back to his first spell in charge of Real Madrid.
Ancelotti given suspended prison sentence over tax offences
As per Spanish news agency EFE, Ancelotti was given a one-year suspended sentence over his failure to pay tax on revenues earned from image rights while he was in charge of Real Madrid in 2014.
The legendary tactician was acquitted of a similar offence from the 2015 financial year.
Ancelotti has also been ordered to pay a fine of €386,361.93 to settle the matter.
The 66-year-old has been handed a suspended sentence and is not expected to spend any time in prison. As explained by Sky Sport Italia, non-violent crimes with sentences under two years are rarely served in prison in Spain.
The sentence is not expected to have any long-standing impact on his duties as head coach of the Brazil national team, a job he took on midway through May at the end of his second spell in charge of Real Madrid.