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Madrid coach, Carlo Ancelotti faces over 4-years in prison after being charged with defrauding the Treasury of £800,000 by prosecutors in Madrid

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Carlo Ancelotti

 

Real Madrid coach, Carlo Ancelotti could reportedly face over four years in prison after prosecutors in Madrid charged him with having defrauded the Treasury to the tune of over £854,000 (€1million), according to reports in Spain.

The Italian manager is said to have not paid the necessary tax during his first stint managing the Madrid club between 2013 and 2015, despite being registered as a resident in Spain for tax purposes.

Ancelotti allegedly declared his earnings from his Real Madrid salary but is accused of having omitted money earned from his image rights, instead transferring the sum to other entities.

The former Chelsea and AC Milan head coach has been charged with two crimes against Spain’s Public Treasury by the Provincial Prosecutor’s Officer in Madrid, and as per Marca, a prison sentence of four years and nine months has been requested should Ancelotti be found guilty.

The total sum in question stems from the fiscal years 2014 and 2015, with the first year reportedly seeing Ancelotti fail to declare £33,813 (€39,575) and the second £577,340 (€675,718).

The prosecutors’ official statement with the announcement of the charges alleges that the 64-year-old set up a ‘complex’ and ‘confusing’ network of trusts and companies that allowed the money earned from his image rights to be domiciled outside of Spain.

 

This, the prosecutors stated saw Ancelotti pursuing opacity in the face of the Spanish Public Treasury and the concealment of the real beneficiary of his income from his image rights, so that neither he nor any of the said companies, would have to pay taxes on the large amounts received in Spain or outside our country’.

According to prosecutors, Ancelotti transferred his image rights to Vapia Limited for a period of ten years for £21m (€25m) in July 2013, shortly signing after his first three-year contract with Real Madrid.

 

Ancelotti is then alleged to have appointed himself at the helm of the company, ‘granting him the maximum powers of action to manage his image rights’, before later reducing the length of the period covered to three years and dropping the sale price to £854,000 (€1m).

 

He was then said to have transferred 50 per cent of his image rights to Real Madrid in a private contract, with the other 50 per cent being held in an ‘unnamed’ and ‘undetermined’ company named Vapia LLP, which was domiciled in London.

‘In this way, the accused used the company Vapia LLP so that it formally presented itself to Real Madrid as the owner of the image rights even though it had not even been formally attributed to them, since the aforementioned transfer contract of 1 July 2013 was with Vapia Limited,’ the prosecutors’ letter continues.

 

During his time at the club and while domiciled in Spain, Ancelotti is claimed to have ‘omitted all income corresponding to the exploitation of his image rights’ when filing his self-assessed tax declarations, which in 2014 amounted to £1.1m (€1.2m), and £2.5m (€2.9m) in the 2015 financial year.

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EPL: Fulham must move on from defeat to Manchester City — Iwobi

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Alex Iwobi says Fulham must stay positive despite their 5-4 defeat to Manchester City at Craven Cottage on Tuesday.

Marco Silva’s side put up a spirited display in the encounter, and were unlucky not to get at least one point.

Iwobi started the fight back by scoring the second goal for Fulham early in the second half.

The versatile midfielder’s compatriot, Samuel Chukwueze then rose from the bench to score two more goals for the Cottagers.

Manchester City, however, held on to go home with maximum points.

Iwobi stated that they deserved more from the game.

“I feel disappointed because we didn’t get anything out of the fighting spirit that we showed, but I think we have to take the positivity from the game,” Iwobi told the club’s official website.

Fulham will be away to Crystal Palace in their next Premier League game on Sunday.

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EPL: Guardiola names team that impresses him everyday

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Manchester City boss, Pep Guardiola has named the Premier League club that has impressed him so much this season.

The Spaniard said that Enzo Maresca’s side have really impressed him with the improvement they make everyday.

Speaking after Manchester City beat Fulham 5-4 in the Premier League on Tuesday night, Guardiola pointed out that a team must remain consistent to win the title.

Pep Guardiola’s side closed the gap at the top of the Premier League to just two points behind Arsenal with the victory over Fulham, but the Gunners could maintain their five points lead with a win over Brentford on Wednesday night.

“Chelsea impresses me more and more every day with Enzo [Maresca], but it’s long,” he told reporters after the win.

“Premier League is so long, many things will happen. We won six Premier Leagues, four or five when we in December, January or February we were behind.

“The team who wins the Premier League is the team who grows during the months and this is what we try to do. No injuries, it’s so long.

“But at the same time, if we push, we will be better and push ourselves and control the situations better, the emotions and we will see what happens.”

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Outrage As ‘Biological Male’ Wins World’s Strongest Woman Event in Texas (Photos)

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The 2025 World’s Strongest Woman final has sparked outrage after an alleged transgender athlete won gold.

American Jammie Booker, who is accused of being a biological male, beat Great Britain’s Andrea Thompson to victory at the event in Arlington, Texas.

According to Mail Online, Thompson walked off the podium, appearing to say ‘this is bulls***,’ while Booker celebrated. The Brit has since been crowned the ‘true World’s Strongest Woman’ by her coach and some of her peers.

Rebecca Roberts, a three-time winner of World’s Strongest Woman, has sensationally claimed that no one – not even the organizers – knew about Booker’s background.

Details on the American are not clear, but the publication sighted a YouTube video – uploaded to what appears to be Booker’s YouTube channel in September 2017, with Booker saying: ‘Everyone is dying to tell their own story and I am obviously no exception to that.

‘I’m 21-year-old trans woman with a history of abuse, struggling to stay true to herself while under the rule of her religious parents.’

On Monday night, Roberts posted a picture on Instagram that read ‘Protect Women’s Sports.’ She wrote alongside the picture: ‘I hold no hate toward transgender people. Everyone deserves dignity, respect, and the freedom to live their truth.

But I cannot stay silent about something that threatens the fairness and future of women’s strength sports. Transgender women, people born male, should not be competing in the women’s category.

This isn’t about identity. It isn’t about politics. It’s about the undeniable physical differences that exist in strength-based sports… differences that don’t disappear, and that matter more here than almost anywhere else. Women’s categories were created for a reason, and if we lose that, we lose the foundation of our sport.

‘What happened this weekend wasn’t transparent. None of us knew. Not even the organisers knew. And when fairness is taken by surprise, trust in the sport begins to crack.

‘My message is simple. Trans people belong in sport, but women’s divisions must remain biologically born female-only.

‘I love this sport. I have given my life to it. And I won’t ignore something that could quietly change it forever. Congratulations to @andreathompson_strongwoman… the true World’s Strongest Woman 2025’

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