Economic Sovereignty

Brazil Coach Carlo Ancelotti Faces Jail for Tax Fraud Amid Spain’s Lenient Crackdown on Soccer Elites

By Economics Desk | July 9, 2025

Carlo Ancelotti sentenced to one year for tax fraud, joining a pattern of lenient treatment for elite soccer figures in Spain—raising questions about fairness and accountability.

In a telling example of how global elites often escape full accountability, Brazil's national soccer coach Carlo Ancelotti was sentenced by a Madrid court to a one-year jail term and fined nearly half a million dollars for tax fraud committed during his tenure managing Real Madrid in 2014. Yet, true to Spain’s judicial pattern with high-profile athletes, this sentence is likely to be suspended, allowing Ancelotti to sidestep prison time. The Spanish prosecutors alleged that Ancelotti deliberately defrauded the state of roughly €1 million by channeling income through shell companies—including offshore entities in the Virgin Islands with no real economic...

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