La Liga: Real Madrid manager, Carlos Ancelotti faces five year imprisonment

BREAKING: Carlo Ancelotti has been appointed Real Madrid manager for the second time

Real Madrid manager Carlo Ancelotti is facing a five-year jail term in Spain for tax fraud.

This is as the Prosecutor’s Office is seeking to charge him for defrauding the Treasury of over €1 million between 2014 and 2015 during his first stint at Madrid.

The issue relates to Ancelotti only including remuneration from his job as Madrid manager in his tax return and not including income from image rights.

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The amounts relate to €386,361 in 2014 and €675,718 in 2015.

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