Neymar could again face fraud charges for Barcelona transfer - News Summed Up

Neymar could again face fraud charges for Barcelona transfer


A case into alleged irregularities regarding the transfer of striker Neymar to Spanish club Barcelona has been reopened and the Brazil star could face a trial for fraud, a Madrid court said Friday. Barcelona paid $6.2M US fine in JuneIn June, Barcelona paid a fine of 5.5 million euros ($6.2 million US) to settle a separate case brought against the club by Spain's tax authorities. In that agreement, the club acknowledged it made "an error in the fiscal planning of the player's transfer." Barcelona said the price of Neymar's transfer was 57.1 million euros ($64 million), with Santos receiving 17.1 million euros ($19 million) and a company owned by Neymar's parents 40 million euros ($44 million). According to court documents, DIS paid 5 million reals (1.4 million euros; $1.6 million) for its 40 per cent of Neymar's rights in 2009.


Source: CBC News September 23, 2016 19:41 UTC



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