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Ancelotti Addresses Tax Fraud Accusations
Eko Hot Blog reports that Carlo Ancelotti, the manager of Real Madrid, has dismissed allegations of tax fraud during his first tenure as the coach of the Spanish club.
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Reports circulated earlier this week alleging that Carlo Ancelotti engaged in tax fraud against Spanish authorities during 2014 and 2015, with the claimed amount being €1 million.
The Italian tactician reportedly failed to reveal his entire earnings at Real Madrid between the said period and systematically excluded about €386,361 in 2014 and €675,718 in 2015 from the amount due to the tax authority.
The Real Madrid manager is reportedly facing allegations of fraud, he could potentially be sentenced to five years in prison if found guilty, as per a Relovo report.
Contrary to the report, Carlo Ancelotti told reporters after Real Madrid knocked out RB Leipzig from the Champions League round of 16 on Wednesday, March 6, that the report was an old story.
The 64-year-old former Chelsea coach stressed that the Spanish tax authorities mistook him for a resident of Spain but he had paid the fine slammed on him.
Carlo Ancelotti said: “It’s an old story that started eight years ago”.
“The Prosecutor’s Office thinks that I was a resident and I was not. I have already paid the fine. I’m innocent”.
Similarly, Real Madrid midfielder Jude Bellingham maintains he made no inappropriate remarks leading to his two-game ban in the Spanish La Liga.
Bellingham said this after helping Real Madrid to knockout RB Leipzig from the Champions League round of 16 with 2-1 aggregate win.
“Suspension? I don’t think I said anything offensive, I didn’t say anything different from what my teammates said”, the England international said.
“If I have to miss the games, I accept it and I will support the team from the stands”.
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Bellingham faced suspension for protesting the referee’s decision to end the league game against Valencia on March 2, just moments after he scored. The canceled goal resulted in Real Madrid settling for a 2-2 draw.
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