Connect with us

Sports

Tax fraud: Ancelotti sentenced to one year in prison

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Head coach of Brazil national team, Carlo Ancelotti, has been sentenced to one year in prison for tax fraud.

As reported by the Sun UK, Ancelotti was found guilty of tax fraud dating back to 2014 when he was in charge at Real Madrid.

The Italian was accused of concealing income related to his image rights.

But, the former Real Madrid and Chelsea manager has been acquitted of other possible tax offences committed in 2015, also related to the collection of his image rights while he was employed by Real Madrid.

Advertisement

Despite the verdict, Ancelotti is unlikely to serve any time behind bars.

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

Ancelotti spent three years in his first reign as Real Madrid manager, before leaving in 2016 to join Bayern Munich for a season.

He returned to the Los Blancos in 2021 after spells at Napoli and Everton before leaving Santiago Bernabeu again to take over Brazil this year.

Advertisement

Ancelotti was accused of misleading the tax office to avoid paying over £833,000 in income tax.

However, the 66-year-old had vehemently denied any wrongdoing, but has previously underpaid tax.

Continue Reading
Advertisement
Click to comment

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49

You must be logged in to post a comment Login

Leave a Reply

Sports

EPL: Brentford hammer Chelsea 3-0

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Chelsea’s hopes of competing for the Premier League title this season took a huge blow on Friday night after they were thrashed 3-0 by Brentford.

The Blues dominated the opening 45 minutes of the match, but failed to break down the hosts and get goals.

It was the Bees who took the lead after the break, with Jaydon Anthony heading into an empty net following a corner routine.

Chelsea fought to level the game, but it was Brentford who scored again.

Advertisement

Kevin Schade saw his effort saved, but Igor Thiago was on hand to score the rebound.

There was enough time for Fabio Carvalho to squeeze in a third.

Continue Reading

Sports

Carabao Cup Round of 16 fixtures confirmed [Full List]

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Manchester City have become the last team to qualify for the last 16 of the Carabao Cup.

This follows their 5-0 thrashing of Norwich on Thursday evening.

Enzo Maresca’s men went two goals up in the first half, thanks to strikes from Floyd Samba and Rayan Cherki.

Allan, Samba and Ryan McAidoo completed the rout after the break.

Advertisement

City will now face Brighton who eliminated Manchester United.

FULL FIXTURES:

Fleetwood vs Arsenal

Man City vs Brighton

Advertisement

Everton vs Newcastle

Sunderland vs Brentford

Liverpool vs Chelsea

Bradford City vs Peterborough

Advertisement

Fulham vs Crystal Palace

Bournemouth vs Aston Villa

Continue Reading

Sports

Chelsea Co-Owner Steps Down, Sells Ownership Stakes

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

 

Chelsea chairman Todd Boehly will leave his role after agreeing to sell his stake in the Premier League football club to co-owners Clearlake Capital.

The announcement came early on Thursday morning, with the US equity firm acquiring “full control of the club”.

Boehly bought a stake in the London club in 2022 and said it had been an “honour” to serve as chairman.

Advertisement

He gave his thanks to “the coaches and players, the talented leadership and staff at Chelsea, and the legions of dedicated fans”.

His statement continued: “I have valued my partnership with Clearlake and the wider ownership group, and the collective decisions and investment we have made to support the immediate and long-term success of the club.

“I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership.”

Behdad Eghbali and José E. Feliciano, co-founders of Clearlake Capital, said: “Todd has been an important partner throughout our ownership of Chelsea, and we thank him for his time and contribution as Chairman.

Advertisement

“He will always be a part of the Chelsea story and family. Clearlake has served as Chelsea’s majority owner since 2022, and as we move to full control our focus is to continue investing in the Club’s infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the Club’s supporters.”

FBL-ENG-PR-CHELSEA-BRIGHTON
Todd Boehly bought the stake in 2022 (Image: Getty)
Chelsea said that Hansjörg Wyss “will remain an important stakeholder and partner in the ownership group” after Mark Walter, another of the club’s co-owners, also sold his stake to Clearlake.

Mr Boehly, Mr Walter and Hansjörg Wyss each had a 12.8% stake following their joint takeover of Chelsea four years ago.

The new change will not change day-to-day operations or strategy at the club.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News