Real Madrid coach Ancelotti to face tax evasion trial

Carlo Ancelotti will stand trial for tax fraud after the Real Madrid coach allegedly failed to declare image rights earnings in 2014 to the Spanish tax office. (AFP/File)
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Updated 12 July 2023
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Real Madrid coach Ancelotti to face tax evasion trial

  • A Spanish judge said Ancelotti had "acknowledged" the actions which deprived the country's treasury of $428,000
  • The court official dismissed a similar complaint about Ancelotti's tax return from 2015

BARCELONA: Carlo Ancelotti will stand trial for tax fraud after the Real Madrid coach allegedly failed to declare image rights earnings in 2014 to the Spanish tax office.
A Spanish judge said Ancelotti had “acknowledged” the actions which deprived the country’s treasury of 386,361 euros ($428,000), in a court document seen by AFP on Wednesday.
“It is evident that there are sufficient indications to consider the deeds under investigation could constitute an alleged offense against the public treasury,” said the judge in her findings.
Ancelotti had declared his earnings as Real Madrid coach in the 2014 tax year but not earnings from his image rights or other related income, according to the accusations by the Spanish tax office.
The court official dismissed a similar complaint about Ancelotti’s tax return from 2015, which he filed while a tax resident in the United Kingdom.
The Italian, 64, took over at Real Madrid in 2013, before leaving in May 2015, before being appointed at Bayern Munich the following year.
Ancelotti later managed Napoli and Everton before returning to Real Madrid in 2021, where he has one year left on his contract.
The veteran coach has agreed to coach the Brazil national team from June 2024 onwards, the country’s federation said earlier in July.


Reed surges four shots ahead at Dubai Desert Classic

Updated 14 sec ago
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Reed surges four shots ahead at Dubai Desert Classic

  • Spaniard David Puig climbed into second following a birdie-birdie finish after a 66 left him at 10 under

DUBAI: Patrick Reed stormed into a four-shot lead heading into the final round of the Hero Dubai Desert Classic, thanks to a brilliant 67 on Moving Day.

The American held a narrow overnight advantage at nine under but was quickly challenged by Francesco Molinari on the front nine. Molinari, who led after 18 holes, opened with three straight birdies to reach double figures before Reed hit back with three birdies and two bogeys in his first seven holes to join him at ten under.

Reed, the 2018 Masters champion, then finished his front nine with a birdie to edge ahead and did not look back, picking up three further shots to climb to 14 under at Emirates Golf Club as he pursues a maiden Rolex Series victory.

“I think the biggest thing right now is the driving. I feel like I’m driving the ball a little better right now,” said Reed. “Once I saw putts go in this week, seems like the putter is back behaving doing what it’s supposed to, and allows me to free up the rest of my golf game.

“You’re always excited, showing up on Sunday with a lead. I feel like that’s what all of us live for as players, competitors, to have a chance to win on Sundays. I know it’s not going to be easy, it never is, and doesn’t matter how big of a lead you have.”

Spaniard David Puig surged into solo second following a birdie-birdie finish in a stunning 66 to reach ten under, with 2022 champion Viktor Hovland one shot further back alongside Englishman Andy Sullivan, who bounced back from bogeys at the eighth and ninth with three birdies on the back nine.

“It was a great day from start to finish,” said Puig. “We were a little behind, and seeing Patrick Reed and all the guys that are up there are really good players, so I knew I needed a good one. Still a little behind but it’s going really well. Hopefully tomorrow we have a good chance.”

Hovland, who carded a bogey-free 65, said: “It was very nice and steady today. Hit a lot of fairways. I know I played a wonderful round of golf today. Certainly no complaints about a bogey-free 65 out here. This place is no joke. If I get off the tee and in a decent position, I can really do some damage.”

Italian pair Molinari and Andrea Pavan were in a share of fifth at eight under, while Denmark’s Thorbjorn Olesen and Spaniard Jorge Campillo sat at seven under.

Nicolai Hojgaard led the group at six under alongside South African trio Jayden Schaper, Hennie du Plessis and amateur Christiaan Maas, as well as French pair Julien Guerrier and Martin Couvra.