Monday, June 22, 2020

Everton boss Ancelotti faces €1m Spanish tax fraud charges

Everton manager Carlo Ancelotti has been charged by prosecutors in Spain over alleged tax irregularities related to his time at Real Madrid.

The Madrid community prosecutor's office alleged that tax declarations presented by the Italian excluded some of his income, and that this had been done "with the intention of unreasonably evading his obligations to the public treasury".

The indictment said Ancelotti's alleged activity had cost the treasury more than one million euros.

Ancelotti was in charge at Real between 2013 and 2015, at which point he was sacked by club president Florentino Perez.