Close Menu
Chronicle NG
    Trending Stories
    APC rubbishes Obi, Kwankwaso alliance proposal for 2027 election

    Obi says Kwankwaso will be partner as VP, not spare tyre

    May 31, 2026
    SERAP calls on UN Secretary-General António Guterres to invoke Article 99 of the UN Charter over escalating insecurity, mass abductions, killings and displacement across Nigeria.

    SERAP urges UN Chief Guterres to invoke Article 99 over Nigeria insecurity

    May 31, 2026
    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    May 31, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Obi says Kwankwaso will be partner as VP, not spare tyre
    • SERAP urges UN Chief Guterres to invoke Article 99 over Nigeria insecurity
    • Police arrest three Man O’ War members for killing FUTO student
    • Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife
    • Atletico Madrid open to sell Ademola Lookman
    • Atiku berates Tinubu, Wike over blocking of PDP event in Abuja
    • Obi accepts NDC presidential ticket, promises to end insecurity
    • Odiong: US-based Nigerian Catholic priest convicted over sexual assault
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Sunday, May 31
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Ancelotti bags one-year jail term for tax evasion in Spain

    Opalim LiftedBy Opalim LiftedJuly 9, 2025No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Ancelotti bags one-year jail term for tax evasion in Spain
    Brazil coach Carlo Ancelotti
    Facebook Twitter WhatsApp

    Brazil manager Carlo Ancelotti has been sentenced to a year in prison by a Spanish court for tax evasion but he will not have to serve time in jail.

    The former Chelsea and Everton boss was accused of failing to pay 1m euros (£830,000) in tax on his salary during his first spell in charge of Real Madrid from 2013 to 2015.

    He will avoid prison but does have to pay a fine of 386,361.93 euros (£333,045.92).

    Ancelotti, 66, ended a second spell with Real at the end of last season and took the Brazil job.

    Under Spanish law, any sentence under two years for a non-violent crime rarely requires a defendant without previous convictions to serve jail time.

    Earlier this year, Ancelotti said he “never thought about committing fraud” as he testified in court.

    • Ancelotti blames poor pitch for Brazil draw, hinges hope on Raphinha

    Ancelotti said he was offered a net salary of 6m euros (£5.1m) by Real and that he left the structure of it to his financial advisers.

    “I thought it was quite normal because at that time all the players and the previous coach had [done the same],” he said.

    Ancelotti paid back the debt in full in December 2021.

    Lionel Messi, then with Barcelona, was initially given a 21-month prison sentence in 2017, but this punishment was then reduced to a fine of 252,000 euros, with no jail term attached. Real striker Cristiano Ronaldo accepted an 18.8m euro fine in 2019.

    Jose Mourinho, another former Chelsea boss, was fined 2.2m euros relating to tax charges during his time as Real manager from 2011-12.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Club Brugge netted a thrilling late equalizer while battling back twice against Atletico Madrid, leaving their Champions League knockout phase play-off tie finely balanced.

    Atletico Madrid open to sell Ademola Lookman

    PSG players celebrate after defeating Arsenal in a Champions League final penalty shootout, following Gabriel Magalhaes' missed decisive spot-kick in Budapest.

    BREAKING: Holders PSG beat Arsenal on penalties to win Champions League

    Liverpool in talks with Andoni Iraola after sacking Slot

    Liverpool in talks with Andoni Iraola after sacking Slot

    Liverpool sack Arne Slot after disappointing second season

    Liverpool sack Slot after title defence turns into European scramble

    Real Madrid named most valuable football club

    Real Madrid named most valuable football club

    Messi says 'I’ll play in World Cup only if I can contribute'

    Messi leads star-studded Argentina side to 2026 World Cup

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    APC rubbishes Obi, Kwankwaso alliance proposal for 2027 election

    Obi says Kwankwaso will be partner as VP, not spare tyre

    May 31, 2026
    SERAP calls on UN Secretary-General António Guterres to invoke Article 99 of the UN Charter over escalating insecurity, mass abductions, killings and displacement across Nigeria.

    SERAP urges UN Chief Guterres to invoke Article 99 over Nigeria insecurity

    May 31, 2026
    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    May 31, 2026
    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    May 31, 2026
    Club Brugge netted a thrilling late equalizer while battling back twice against Atletico Madrid, leaving their Champions League knockout phase play-off tie finely balanced.

    Atletico Madrid open to sell Ademola Lookman

    May 31, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.