Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Spanish Court Investigating Neymar Transfer
AFP, January 22nd, 2014 3:23PM

MOST READ
TAGS:  barcelona, soccer business, spain

MOST COMMENTED

A Spanish court on Wednesday confirmed that it is investigating the transfer of Neymar to Barcelona last summer over claims of a misappropriation of funds. The Brazil international was paraded around the Camp Nou as a 57 million euro ($77 million) signing from Santos last June but the details of the contract were not revealed due to a confidentiality agreement.

However, Barca member Jordi Cases demanded clarity over the transfer and decided to pursue legal action. State prosecutors have now backed the legal challenge and called for a hearing to determine whether there could be a case of “contractual simulation” or distorting the final figures over what has to be paid. In particular, they highlighted the 40 million euros ($54.2 million) that was paid as part of the overall transfer fee and went to a company owned by Neymar’s father.

Meanwhile, Spanish daily El Mundo on Monday claimed that the player actually cost upward of 95 million euros ($129 million). When asked about the El Mundo story and the state proceedings against Barca, President Sandro Rosell reiterated that Neymar cost 57 million and said he would gladly testify in court.

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Report: Raul to Join Cosmos This Week     
Former Real Madrid striker Raul Gonzalez on Tuesday reached an agreement to play for New York ...
Platini: Ballon d'Or Should Not Go to Ronaldo, Messi     
UEFA President Michel Platini believes the 2014 Ballon d'Or should not go to either Cristiano Ronaldo ...
Real's Bale, Ramos Miss Liverpool Clash    
Gareth Bale, Real Madrid's world record signing, and vice-captain Sergio Ramos are both out of Wednesday's ...
Ronaldo, Messi Could Break UCL Record This Week     
The world's two best players will have a chance to break Raul's UEFA Champions League goal ...
Report: Drones Pose a Problem for Sports Authorities     
The Associated Press reports that authorities around the globe are just starting to understand the threat ...
Neville: United Will Struggle Against Chelsea     
Sky Sports pundit Gary Neville thinks his former team Manchester United will struggle to deal with ...
LVG: United Can Still Win the League    
Louis van Gaal believes Manchester United can still win the Premier League title despite being 10 ...
Florida star Jordan exceeds expectations    
Savannah Jordan was the 2013 Soccer America Freshman of the Year and played for the USA ...
Reports: Bale to Miss Crucial Week for Real     
According to reports on Monday, Gareth Bale will miss a crucial week for Real Madrid after ...
Injured Lampard to Miss City's Trip to CSKA    
Frank Lampard was carried off on a stretcher as Manchester City beat Tottenham 4-1 at the ...
>> Section 2 Around the Net Archives