Jail sought for Ancelotti in tax trial

Real Madrid coach Carlo Ancelotti's tax fraud trial wrapped up on Thursday in Spain, with public prosecutors seeking he be jailed for four years and nine months in allegedly hiding income from the tax office.

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Ancelotti — who a coach has won a record five Champions League trophies including three with Real Madrid — is accused of failing to pay more than 1 million euros ($1.1 million) due to undeclared earnings from image rights in 2014 and 2015 during his first spell at the club.

Prosecutors allege the 65-year-old set up a "confusing" and complex system of shell companies to hide his extra earnings during this time from his image rights and other sources such as real estate, and only reported his salary.

"We consider the acts of fraud, concealment and omission to be proven," the lead prosecutor told the High Court of Justice in Madrid in his closing arguments, adding Ancelotti's claim that he was not aware of what was happening is difficult to believe.