Sports

Spain Prosecutors Seek Jail For Real Madrid Coach Ancelotti

Published

1 year ago

March 6, 2024

Spanish prosecutors on Wednesday called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months, saying he had failed to declare earnings to the tax office.

Madrid state prosecutor’s office accused the 64-year-old Italian of having cost Spain’s treasury more than one million euros in undeclared earnings from image rights in 2014 and 2015.

“Although he himself declared himself to be a tax resident in Spain and indicated that his home was in Madrid, he only declared in his tax returns the personal remuneration received from Real Madrid,” the tax office said in a statement.

It accused Ancelotti of allegedly setting up a “confusing” and “complex” system of shell companies to hide his extra earnings from his image rights.

Prosecutors also alleged the Real Madrid coach “simulated” the transfer of his image rights to entities “without any real activity” based outside of Spain to maintain “opacity vis-a-vis” the Spanish treasury.

A Spanish court in July ordered Ancelotti — regarded as one of the greatest coaches of all time — to stand trial over the affair, but no date has been set.

– Spanish crackdown –

Spain has cracked down in recent years on celebrities like football stars Lionel Messi and Cristiano Ronaldo for not paying their full due in taxes.

Both players were found guilty of tax evasion and received prison sentences that were waived for being first-time offenders.

Colombian superstar Shakira in November agreed to receive a three-year suspended sentence and pay 7.3 million euros in fines to settle a tax fraud case and avoid trial.

Prosecutors had accused the “Hips Don’t Lie” singer of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014, charges Shakira had denied, saying she only moved to Spain full time in 2015.

Ancelotti took over at Real Madrid in 2013, leaving in May 2015, before being appointed at Bayern Munich the following year.

He later managed Napoli and Everton before returning to Real Madrid in 2021.

Ancelotti had been tipped to coach Brazil’s national team when his contract with Real Madrid ended but instead in December he extended it to June 2026.

Ancelotti has won the Champions League four times — twice with AC Milan and on two occasions with Real Madrid.

He has won domestic league titles with Madrid and Milan, in England with Chelsea, in Germany with Bayern Munich and in France with Paris Saint-Germain.

Madrid face RB Leipzig on Wednesday in a Champions League last-16 second leg clash, after Ancelotti’s side carved out a 1-0 advantage in Germany.

AFP

Sports

JUST IN: Cristiano Ronaldo Confirms Al Nassr’s Stay, To Sign New Deal

Published

1 week ago

June 9, 2025

Editor

Portugal striker Cristiano Ronaldo is ready to extend his stay with Saudi pro side Al Nassr and is even ready to sign a new deal.

According to Fabrizio Romano’s post on X on Monday, the Portuguese have dismissed rumours of leaving Al Nassr.

The post read, “Cristiano Ronaldo confirms plan to stay at Al Nassr by signing a new deal.

“My future? Basically, nothing is gonna change. Staying at Al Nassr? Yea.”

Recall that the 40-year-old on Sunday helped his national team to secure the Nation’s League for the second time four years after the Nation’s League was unveiled.

Ronaldo, who joined Al Nassr in December 2022 on a record-breaking deal, has played a transformative role both on and off the pitch.

His arrival marked a turning point for Saudi football, drawing global attention to the Saudi Pro League and triggering a wave of high-profile signings across the league.

During his time at Al Nassr so far, Ronaldo has delivered impressive performances, scoring consistently and helping the club remain competitive at the top level. His presence has not only boosted the club’s visibility but also played a key role in the league’s growing popularity worldwide.

The announcement of his continued stay is seen as a significant boost for Al Nassr and the Saudi Pro League as a whole. It also signals Ronaldo’s long-term commitment to the ambitious football project unfolding in the region.

Sports

Brazil Star, Neymar Tests Positive For COVID-19

Published

1 week ago

June 8, 2025

Editor

Brazil forward Neymar has been sidelined after testing positive for COVID-19, Santos announced in a statement cited by Brazilian media.

The 33-year-old began showing symptoms on Thursday and was immediately withdrawn from all team activities. Medical tests later confirmed the viral infection, the Brazil Serie A club said on Saturday.

Santos did not specify how long Neymar will be out of action and did not respond immediately to a Reuters request for comment.

Neymar is already set to miss Thursday’s league match at Fortaleza due to suspension.

That Fortaleza game will be Santos’ final fixture before the Brazilian league pauses for the Club World Cup in the United States, scheduled from June 14 to July 13.

The former Barcelona forward’s future with Santos remains uncertain as his contract expires on June 30.

Limited by injury, Neymar has made 12 appearances across all competitions this season, tallying three goals and three assists.

Sports

Osimhen Rejects Al Hilal 5th Offer, Wants To Stay In Europe

Published

1 week ago

June 8, 2025

Editor

Super Eagles striker Victor Osimhen has officially turned down a fifth offer from Saudi Arabian giants Al Hilal, reaffirming his desire to remain in Europe.

In a post shared via X (formerly Twitter) handle, journalist Buchi Laba. Laba revealed that Osimhen has shut the door on any potential move to Saudi Arabia, regardless of the financial incentives.

“Victor Osimhen officially rejects Al Hilal 5th offer,” Laba wrote. “He has decided to not move there no matter the money offered. Case closed.”

Osimhen, who has been a subject of transfer speculation in recent months, appears to be in no rush to make a decision about his next move.

Sources close to the player suggest that his main priority is to continue his career in Europe, where he feels more competitively challenged.

“Main priority is to stay back in Europe,” Laba added, noting that “a top Italian club [is] very interested and other European clubs” are also keeping tabs on the Nigerian forward.

The 26-year-old Napoli star has been linked with several clubs across Europe, including teams in the Premier League and Serie A.

However, he is reportedly taking his time to evaluate the best sporting project before making his next move.

Osimhen was instrumental in Napoli’s Serie A title win in the 2022/23 season and also helped Galatasaray to a domestic double during his loan spell in Turkey last season.