Ancelotti is facing a four-year, nine-month prison sentence from prosecutors who claim he cost Spain’s state over one million euros ($1.1 million) in unreported image rights profits in 2014 and 2015.
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According to a court spokesperson, the trial is scheduled to start on Wednesday and should last two days.
Ancelotti, who has won a record five Champions League championships, is required to attend the proceedings.
Even though he claimed to be a tax resident in Spain and that his home was in Madrid, prosecutors claim he only disclosed on his tax returns the personal compensation he received from Real Madrid during those two years.
They claim that in order to conceal his additional income from his image rights and other sources, such real estate, Ancelotti set up a “confusing” and “complex” system of shell companies.
Prosecutors claim that he made 2.96 million euros in 2015 and 1.24 million euros in 2014 from the sale of his image rights.
Ancelotti was ordered to stand trial for the affair by a Spanish court in 2023, but no date was specified, reports France 24.
When questioned about the situation last year, Ancelotti downplayed the affair as “an old story that I hope will be resolved soon”.
He was hired by Bayern Munich the following year after taking over at Real Madrid in 2013 and departing in May 2015.
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