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Ancelotti accused of tax evasion in Spain
The charge concerns revenue from image rights during his time in La Liga as manager of Real Madrid in 2014-15.
According to the BBC, the Madrid Community Prosecutor's office claims Ancelotti concealed revenues "intending to avoid his tax duties towards the public treasury with no justification".
The 61-year-old Italian didn't initially respond to the charge publicly but was asked about it on 23 June during his press conference ahead of Everton's match at Norwich.
"It's an ongoing dispute with the Spanish authorities,” he said. “A lot of players and managers had the same problem in Spain. I leave it in my lawyers' hands. They are experts and I'm not so worried about this."
Reader Comments (45)
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3 Posted 22/06/2020 at 13:57:57
4 Posted 22/06/2020 at 14:37:49
Or is the stress of being our manager the reason behind Carlos loss of weight and gaunt look..
Never a dull moment being a blue fan eh...
5 Posted 22/06/2020 at 14:47:46
I guess the prosecutor is a Barcelona fan.
Slap on the wrist and a huge fine are to be expected.
6 Posted 22/06/2020 at 14:52:34
7 Posted 22/06/2020 at 15:42:37
8 Posted 22/06/2020 at 15:45:56
9 Posted 22/06/2020 at 16:57:07
10 Posted 22/06/2020 at 17:50:38
11 Posted 22/06/2020 at 18:01:08
Messi got a 2-year suspended sentence then down to 15 months apparently. They apparently used shell companies which shows on records as several different people.
Carlo allegedly defrauded approx ٟM over 2 years, 2014 and 2015. Carlo, if the alleged offence is true, will have to pay the money back plus fine. Might get a shorter suspended jail sentence too.
12 Posted 22/06/2020 at 18:03:22
Without boring everyone with the detail image rights as tax planning was believed to be legal if it was done properly and part of the planning involved full disclosure to HMRC. This case involves the Spanish authorities of whom I had no experience but most countries take the same approach.
It can be common in such matters for the paperwork concerning the planning to be often deficient resulting in the image rights income falling to be taxed in the individual's country of residence rather than in a more beneficial jurisdiction.
If Carlo's planning does not work he could expect to pay tax and interest, probably a hefty penalty as well but a custodial sentence would be highly unlikely and indeed unusual.
14 Posted 22/06/2020 at 18:44:13
15 Posted 22/06/2020 at 21:22:45
16 Posted 22/06/2020 at 23:19:10
Thank you for your clarification. It's something that can be sorted. No doubt accompanied with sensational headlines and Everton detractors thinking they are going to have a field day.
17 Posted 23/06/2020 at 09:43:15
The responsibility does of course lie with the taxpayer rather than the advisor but certainly in this country, HMRC understands that the personality cannot usually answer questions about it because he really has no idea what has been done, hence custodial sentences are not usually an issue.
18 Posted 23/06/2020 at 11:18:32
This is Everton; he'll probably get Life.
19 Posted 23/06/2020 at 11:53:45
You can see how it happens when a personality operates, especially in different jurisdictions.
The agent and club following what went before and it seems to work. In the meantime, the tax authorities are catching up in their own good time. As you say, the personality is all trusting and hopeful.
Joan Collins in her Dynasty years had her agent engage people to sort out her tax affairs. She found at the end of her period on Dynasty that she had a tax demand from the authorities, which in fact resulted in her having worked on Dynasty for nothing. The authorities accepted payment, but did not pursue a custodial sentence. She had no redress and was surprisingly accepting of it, which I admired her for.
I myself get my tax return in early and operate in different jurisdictions. I find I have to, to keep on top of things and even able / trusted advisors can get caught out. At least in this situation, recovery is possible. An unexpected tax demand is the last thing anyone wants.
20 Posted 23/06/2020 at 12:04:43
Some of which will overstretch the loophole as it isn't they who are having to squeeze through it.
I'm more interested in hoping this gives our 61-year-old manager added motivation to win silverware and a few millions as a bonus.
21 Posted 23/06/2020 at 12:37:52
22 Posted 23/06/2020 at 12:51:13
I guess you said all of the above with a very straight face, haha. I think you missed your vocation: you could easily be a minister in Johnson's cabinet, where falsehoods are a way of life.
23 Posted 23/06/2020 at 13:41:14
24 Posted 23/06/2020 at 13:51:14
I had a teacher at school who said you couldn't vote Tory and be a good Catholic. Mind you he was a card carrying Communist.
25 Posted 23/06/2020 at 14:14:35
26 Posted 23/06/2020 at 14:56:25
I suspect Malachi didn't approve!
27 Posted 23/06/2020 at 15:05:01
28 Posted 23/06/2020 at 15:12:35
29 Posted 23/06/2020 at 15:22:46
30 Posted 23/06/2020 at 15:24:51
31 Posted 23/06/2020 at 15:26:42
32 Posted 23/06/2020 at 15:27:45
33 Posted 23/06/2020 at 16:03:46
I know Paul Preston's writing, although it's many years since I really got reading about the Spanish Civil War, I read his Concise History. I didn't know his personal background. I knew he was a good writer!
We had a break in a place called Ronda in Andalusia a few years ago which had a pretty rugged history in that conflict. Steeped in it. It features in a Hemingway novel, but isn't named. I don't remember which novel, now, which pisses me off.
They chucked a fair few priests off a bridge into a deep gorge seemingly. It's described very accurately in the novel. Many restaurants and bars there are like Republican shrines. Mecca for bullfighting too, hence Hemingway's love of the place.
[BRZ]
34 Posted 23/06/2020 at 16:21:58
Good pre-Norwich presser from Carlo available.
Carlo Presser for Norwich game
Anthony Gordon will be made up to hear the manager saying he wasn't selected as a token nod to the academy, but because he was considered important and the best option for the game.
The club has evidently studied other leagues that have already re-started and he noted that all data shows a fall off in energy and performance levels.
Given that this is a quick turn around for the Blues who will fly in, disembark and play the say day, whilst Norwich will have two extra rest days, I would expect changes to the starting XI.
Didn't offer any excuses about that when asked about the difficulty of travelling to and playing an away game the same day, replying "Ask me again after the game. Many things are new. We just follow Premier League protocol."
He said he was pleasantly surprised at the fitness levels of the players in the first game. Indeed, the starting XI bar Gordon virtually played the full 90 minutes with Bernard and Kean coming on very late.
35 Posted 23/06/2020 at 16:28:40
I might watch that match tomorrow.
36 Posted 23/06/2020 at 17:04:31
Get thee behind me, Satan!!
37 Posted 23/06/2020 at 17:27:04
Lord Denning said, "The law of the Land is an agreement believe two solicitors and who they engage. It is often not the law. "
In my experience, the money available is carved up for legal fees and what's left is the settlement or agreement.
Ancelotti has to make the money available as little as possible.
38 Posted 23/06/2020 at 17:59:28
Thank goodness!
39 Posted 23/06/2020 at 18:00:31
40 Posted 23/06/2020 at 18:16:30
41 Posted 23/06/2020 at 18:53:30
I am delighted to read that you know your way to the local church, Dave (#40) and are on speaking terms with your Pastor. While confession ("Reconciliation" now, surely?), is almost old fashioned, its (notice the grammar, no apostrophe) need is no less now than in the past. Watching Everton from a distance now forces me into saying things I shouldn't (Bernard or Davies losing the ball in midfield, for example) and my dear Mum would have had me washing my mouth out with soap prior to heading to the confessional.
Over here in my part of the USA we are able to attend Mass suitably masked and distanced. Now, at least, I can identify a weekend as being one of the days I attend Mass rather than every day being the same as every other.
End of religious discussion from my end. Apologies to all who could not care less about religion or correct grammar. Am already concerned about team selection for tomorrow.
42 Posted 23/06/2020 at 18:57:39
I must 'confess' that I can't remember the last time I went to confession, I guess I can be described as a relapsed Catholic.
I think you know that I am not entirely anti-swearing, it's just that inappropriate swearing, in the company of women or children, disappoints me.
Another thing I find hard to come to terms with is disrespect, it's unrealistic to expect everyone to agree on any given subject, but disagreement can be expressed in an acceptable manner. Maybe I'm behind the times, because some who know me well, often refer to me as "Johnny McFossil", but we are who we are.
43 Posted 23/06/2020 at 21:26:13
As for confession, the last time I confessed, the judge sent me down for 3 years! I'll get me coat.
44 Posted 23/06/2020 at 21:31:57
As for swearing, I do it a lot, but as John (42) says, never in front of women, or priests. Although your friend Peter tells a cracking story of travelling fans and priests and a bit of swearing going on, but I think you know the story.
Nice talking to you, Terry, hope you are well.
45 Posted 23/06/2020 at 21:58:53
46 Posted 23/06/2020 at 21:58:58
47 Posted 23/06/2020 at 22:32:24
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1 Posted 22/06/2020 at 13:35:31