Business & Economy

Real Madrid coach Ancelotti added to Spain’s list of debt defaulters

Madrid, Jun 28 (EFE).- Real Madrid manager Carlo Ancelotti has been added to the Spanish tax agency’s list of defaulters with unpaid debt totalling 1.5 million euros ($1.8M).

The list names individuals and companies who owe more than 1 million euros to the Spanish treasury as of 31 December 2020.

Last year former Barcelona star Neymar Jr., who now plies his trade with Paris Saint-Germain, had the largest outstanding debt of around 34.6 million euros but the Brazilian footballer did not feature this time around.

That does not necessarily mean that he cleared his debt. It is possible that the 29-year-old owes less than one million euros or made an arrangement to defer his payments.

His compatriot and fellow ex-Barça man Dani Alves did make an appearance on the list of defaulters with debt totaling 2.1 million euros. EFE

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