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Topic Summary

Posted by: Everest
« on: June 15, 2016, 09:10:48 PM »

Barcelona have agreed to pay a €5.5million fine over "an error in tax planning" following the signing of Neymar from Santos in 2013.

Spanish prosecutors had requested the player stand trial for fraud in relation to his switch to the Catalan club, alleging both Neymar and his father, who also acts as his agent, had hidden the true value of the deal.

Barcelona stated they paid a fee of €57m, with €17m going to Santos and the rest going to Neymar's parents.

A Brazilian investment fund who owned 40 per cent of Neymar's rights claimed they were not paid the correct amount, with investigators stating the actual price Barcelona paid was closer to €83m.

However, the Spanish champions have now found a resolution to the situation, meaning they no longer have any uncertainty over their future economic plans.