The Brazil coach failed to pay taxes on the money he received from image rights while he was manager of Real Madrid in 2014.
A defendant with no prior convictions is rarely sentenced to less than two years in jail for a non-violent offense under Spanish law.
Consequently, Ancelotti, who was convicted of tax fraud in 2014 and sentenced to 12 months in prison, will not be put behind bars.
Nevertheless, the Italian will be fined more than 386,000 euros.
In the same process, the Italian was exonerated of a second possible tax infraction a year after his first indictment.
The fact that his image rights were acquired during his first tenure at Real Madrid may be related to it.
Ancelotti was first accused of possible tax infractions in 2020 while he was managing Everton.
Promotion According to state prosecutors, the 66-year-old reportedly stole €1 million (£833,000) from Spain during his first stint at Madrid, which lasted from 2014 to 2015.
Four years and nine months in prison is the maximum penalty for this offense.
