Spanish authorities charge Ancelotti with suspected tax fraud

The Madrid Community Prosecutor's office said Carlo Ancelotti had concealed revenues intending to avoid his tax duties towards the public treasury.

Carlo Ancelotti

Carlo Ancelotti, who now coaches Premier League side Everton, could not be reached for comment.   -  Reuters

Prosecutors in Madrid said on Monday they had indicted Italian soccer coach Carlo Ancelotti on suspicion of avoiding a million euros ($1.12 million) in taxes due for revenues from image rights while coaching Real Madrid between 2014-15.

Ancelotti, who now coaches Premier League side Everton, could not be reached for comment.

The Madrid Community Prosecutor's office said in a statement Ancelotti had concealed revenues “intending to avoid his tax duties towards the public treasury with no justification.”

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Besides 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 three times as coach, twice with AC Milan and once with Real Madrid.

Big name players like Portugal's Cristiano Ronaldo, Argentina's Lionel Messi and, more recently, Brazilian-Spanish player Diego Costa, have also been sued in tax cases, as has Portuguese coach Jose Mourinho. They agreed to pay fines.

Representatives for Ancelotti could not be reached as well and there was no immediate comment from Everton on the case.

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