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Madrid coach, Carlo Ancelotti faces over 4-years in prison after being charged with defrauding the Treasury of £800,000 by prosecutors in Madrid

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Real Madrid coach, Carlo Ancelotti could reportedly face over four years in prison after prosecutors in Madrid charged him with having defrauded the Treasury to the tune of over £854,000 (€1million), according to reports in Spain.

The Italian manager is said to have not paid the necessary tax during his first stint managing the Madrid club between 2013 and 2015, despite being registered as a resident in Spain for tax purposes.

Ancelotti allegedly declared his earnings from his Real Madrid salary but is accused of having omitted money earned from his image rights, instead transferring the sum to other entities.

The former Chelsea and AC Milan head coach has been charged with two crimes against Spain’s Public Treasury by the Provincial Prosecutor’s Officer in Madrid, and as per Marca, a prison sentence of four years and nine months has been requested should Ancelotti be found guilty.

The total sum in question stems from the fiscal years 2014 and 2015, with the first year reportedly seeing Ancelotti fail to declare £33,813 (€39,575) and the second £577,340 (€675,718).

The prosecutors’ official statement with the announcement of the charges alleges that the 64-year-old set up a ‘complex’ and ‘confusing’ network of trusts and companies that allowed the money earned from his image rights to be domiciled outside of Spain.

 

This, the prosecutors stated saw Ancelotti pursuing opacity in the face of the Spanish Public Treasury and the concealment of the real beneficiary of his income from his image rights, so that neither he nor any of the said companies, would have to pay taxes on the large amounts received in Spain or outside our country’.

According to prosecutors, Ancelotti transferred his image rights to Vapia Limited for a period of ten years for £21m (€25m) in July 2013, shortly signing after his first three-year contract with Real Madrid.

 

Ancelotti is then alleged to have appointed himself at the helm of the company, ‘granting him the maximum powers of action to manage his image rights’, before later reducing the length of the period covered to three years and dropping the sale price to £854,000 (€1m).

 

He was then said to have transferred 50 per cent of his image rights to Real Madrid in a private contract, with the other 50 per cent being held in an ‘unnamed’ and ‘undetermined’ company named Vapia LLP, which was domiciled in London.

‘In this way, the accused used the company Vapia LLP so that it formally presented itself to Real Madrid as the owner of the image rights even though it had not even been formally attributed to them, since the aforementioned transfer contract of 1 July 2013 was with Vapia Limited,’ the prosecutors’ letter continues.

 

During his time at the club and while domiciled in Spain, Ancelotti is claimed to have ‘omitted all income corresponding to the exploitation of his image rights’ when filing his self-assessed tax declarations, which in 2014 amounted to £1.1m (€1.2m), and £2.5m (€2.9m) in the 2015 financial year.

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Argentina’s President Javier Milei shuns Diego Maradona, names Lionel Messi the Greatest Footballer of all time

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Argentina’s President, Javier Milei, has declared that he has never seen a footballer play like Lionel Messi, calling the Inter Miami star a “superlative player” and the greatest of all time.

His statement may stir debate among Argentine football fans, many of whom still regard the late Diego Maradona as the nation’s greatest football icon.

Speaking on the podcast Nuera, President Milei expressed deep admiration for Messi, describing himself as a long-time supporter, even during periods when the media harshly criticised the former Barcelona captain.

“I have never in my life seen anyone play like he does,” Milei said. “He is a superlative player. I am a crazy fan of Messi. When all the local media were attacking him, there were videos of me defending him as the best player of all time.”

 

Messi has faced intense scrutiny in the past for his perceived failure to replicate his club success with the Argentine national team. He endured heartbreaking losses, including the 2014 World Cup final against Germany and back-to-back Copa America finals to Chile in 2015 and 2016.

In 2024, he added yet another Copa America title to his illustrious career, further cementing his legacy as one of football’s all-time greats.

In 2016, he briefly retired from international football, only to reverse the decision and lead Argentina to Copa America glory in 2021—his first major title with the national team.

Messi went on to win the 2022 Finalissima and played a pivotal role in Argentina’s triumphant 2022 FIFA World Cup campaign in Qatar, securing the nation’s third world title.
 

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NFF denies owing late Christian Chukwu amid social media claims

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The Nigeria Football Federation, NFF, has denied reports circulating on social media that it owes former Super Eagles captain and coach, Christian Chukwu, the sum of $128,000.

Chukwu, popularly known as “Chairman,” passed away on Saturday.
NFF, reacting to the claims, on Monday, in a statement by its General Secretary, Dr Mohammed Sanusi described the allegations as baseless, stating that there is no record of any outstanding debt to Chukwu within the federation’s financial records.

“During the first term of the Amaju Pinnick-led Board, a committee was established to thoroughly review claims of unpaid wages to coaches, including debts inherited from previous administrations.”

That committee had a clear mandate to verify and ensure the immediate settlement of all legitimate debts. To the best of our knowledge, there is no record of indebtedness to Christian Chukwu,” Sanusi said

Chukwu served as head coach of the Super Eagles from 2002 until 2005, when he was relieved of his duties following a 1-1 draw against Angola in a FIFA World Cup qualifier held in Kano.

Sanusi further challenged anyone with credible and verifiable evidence of any outstanding payments owed to Chukwu or any other national team coach over the past 20 years to present such documents.

“As a responsible and credible organization, the NFF remains committed to meeting its obligations. If anyone can provide authentic documentation proving that we owe a coach, we will honor the debt without hesitation,” he stated.

The NFF expressed its condolences to the family and the Nigerian football community over the loss of Chukwu, a respected figure in the country’s football history and captain of the 1980 Africa Cup of Nations-winning team.

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NPFL: Sunshine Stars coach, Akinfolarin demands more from players after win against Enyimba

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Sunshine Stars head coach, Bobola Akinfolarin has called for improvement from his players after their victory over Enyimba in a matchday 33 encounter.

Sunshine Stars beat Enyimba 2-1 In a keenly contested this at the Dipo Dina Stadium in Ijebu-Ode on Sunday.

Akinfolarin believes the players still need to improve on their physical strength.

He, however, admitted that the team is on the right path.

“We needed this. It gives us a push,” Akinfolarin told Sunshine Stars media.

“We still have work to do, especially on the players’ physical strength, but I believe we are heading in the right direction.”

Sunshine Stars will next travel to Port Harcourt for a matchday 34 clash against Rivers United.

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