AC Milan owner and former Italy Prime Minister Silvio Berlusconi's initial jail sentence of four years has been reduced to just 12 months because of an Amnesty Law.
The 76-year-old was found guilty of tax evasion on Friday and was handed a fine of €10m (£8m) along with the prison sentence.
However, a 2006 Amnesty Law aimed at reducing overcrowding in prisons has now seen Berlusconi's sentence reduced to a year.
The three-time Italy Prime Minister is expected to appeal the prison term and, according to the Italian law, the verdict will not be final until two cases of appeal are passed.
