I’m Convinced I’m Innocent Despite Fraud Allegations – Ancelotti

Real Madrid manager, Carlo Ancelotti has come out to claim that he is innocent after being charged on two counts of defrauding the Spanish Treasury which took place during his first spell at Real Madrid between 2013 and 2015.

The Italian manager is reportedly facing a prison sentence of four years and nine months after allegedly failing to pay a combined tax of over £854,000 (€1million) on his image rights while declaring himself as a Spanish tax resident.

According to him, he was not a resident of Madrid in 2015 even if that is what the government believes, and he already paid a fine he was asked to pay.

Carlo added that he is very convinced that he is innocent, so we’ll see what the judge decides.

His words, “One thing that impresses me because we are talking about a declaration from 2015.

They think I was a resident of Madrid, but I was not a resident here. I have already paid the fine, the money has been paid into the accounts of the tax inspectorate and the parties are talking to find a solution.

I am convinced that I am innocent, I did not reside in Madrid in 2015. For them I was resident here, we will see what the judge decides.”

WOW.

Real Madrid Club de Fútbol, commonly referred to as Real Madrid, is a Spanish professional football club based in Madrid. The club competes in La Liga, the top tier of Spanish football.

Real Madrid has maintained the white shirt for its home kit throughout the history of the club. There was, however, one season that the shirt and shorts were not both white. It was an initiative undertaken by Juan Padrós in honor of an English team Corinthian F.C., which he had met on one of his trips, one of the most famous teams at the time known for its elegance and sportsmanship.

It was under Florentino Pérez’s first presidency (2000–2006) that Real Madrid started its ambition of becoming the world’s richest professional football club. The club ceded part of its training grounds to the city of Madrid in 2001, and sold the rest to four corporations: Repsol YPF, Mutua Automovilística de Madrid, Sacyr Vallehermoso and OHL.

Hala Madrid is a magazine published quarterly for the Real Madrid club members and the Madridistas Fan Club card holders. The phrase Hala Madrid, meaning “Forward Madrid” or “Go Madrid”, is also the title of the club’s official anthem, which is often sung by the Madridistas (the club’s fans).