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Real Madrid's Carlo Ancelotti Accused of Tax Fraud, Prison Sentence Sought

Related Topics: Carlo Ancelotti, Real Madrid

Real Madrid manager Carlo Ancelotti is facing potential prison time amid allegations that he committed tax fraud.

According to ESPN's Adriana Garcia, Spanish state prosecutors have alleged that Ancelotti committed two counts of tax fraud from 2014 to 2015 related to money earned from image rights.

Ancelotti allegedly "omitted the income corresponding to the exploitation of his image rights that he had transferred to other entities." It is alleged that he failed to account for over $1.09 million in image rights money.

Per Garcia, prosecutors are seeking a prison term of four years and nine months for Ancelotti should he be found guilty.