Committing Fraud In Spain Has Never Crossed My Mind – Ancelotti

Real Madrid manager, Carlo Ancelotti has appeared in court to face charges over unpaid taxes that could land him more than four years in prison. He recently had his say while speaking to the press, and fans have been reacting.

According to him, it was Madrid‘s obligation to square things up with the tax authorities after the club proposed that he receives part of his salary as a loan to his image rights.

Carlo added that he has never thought of committing fraud in Spain, and he was only concerned with collecting the net €6m over three years.

His words, “I have never thought of committing fraud. I have never had a company for image rights except for these two years.

I was only concerned with collecting the net €6m over three years, and I never realised anything was wrong, nor did I receive any notification that the Prosecutor’s Office was investigating me.”

WOW.

Real Madrid Club de Fútbol, commonly referred to as Real Madrid, is a Spanish professional football club based in Madrid. The club competes in La Liga, the top tier of Spanish football.

Real Madrid has maintained the white shirt for its home kit throughout the history of the club. There was, however, one season that the shirt and shorts were not both white. It was an initiative undertaken by Juan Padrós in honor of an English team Corinthian F.C., which he had met on one of his trips, one of the most famous teams at the time known for its elegance and sportsmanship.

It was under Florentino Pérez’s first presidency (2000–2006) that Real Madrid started its ambition of becoming the world’s richest professional football club. The club ceded part of its training grounds to the city of Madrid in 2001, and sold the rest to four corporations: Repsol YPF, Mutua Automovilística de Madrid, Sacyr Vallehermoso and OHL.

Hala Madrid is a magazine published quarterly for the Real Madrid club members and the Madridistas Fan Club card holders. The phrase Hala Madrid, meaning “Forward Madrid” or “Go Madrid”, is also the title of the club’s official anthem, which is often sung by the Madridistas (the club’s fans).