If found guilty, the sitting coach could face years in jail.
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00:00 Real Madrid coach Carlo Ancelotti has been accused by Spanish prosecutors of tax fraud
00:06 to the value of one million euros.
00:10 He has been accused of setting up shell companies to hide part of his earnings during his tenure
00:15 as the club's manager.
00:18 It is alleged he used these firms to conceal income gained from image rights, which he
00:22 failed to declare.
00:24 If found guilty, he faces five years in prison.
00:28 The 64-year-old has not yet responded to the charges.
00:32 [MUSIC PLAYING]