Neymar transfer: Barcelona paid 70% of fee to his parents
Player insists deal that took him from Santos to Spain is above board as courts examine contract
BRAZILIAN superstar striker Neymar has insisted his move to Barcelona was above board despite an investigation by the Spanish authorities and the revelation that more than 70 per cent of the fee for the player went to a company owned by his parents.
A prosecutor in Spain has now asked the courts to examine Neymar's €57.1m (£47m) move from Santos in Brazil last summer for evidence of "simulated contracts".
Talking to Catalan newspaper Sport, Neymar said: "I know that a lot is being said about my contract. I have spoken to [my father] to see what they were talking about exactly. My father was the one who signed the contracts and he is someone in whom I have total trust."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Asked if he thought the transfer may have transgressed any laws, the 21-year-old former Chelsea target replied: "There is nothing illegal. In any case, if anyone has any doubts, they should ask my dad because I'm concentrating on my job, which is playing football."
When Neymar joined Barcelona from Santos last summer, only €17.1m of the €57.1m transfer fee was reportedly paid to the Brazilian club. And now, according to The Guardian, the "figures and the destination of the money have been challenged by a Barcelona member".
The complainant is Jordi Cases who alleges that "the true beneficiaries of the €40m paid to a company owned by Neymar's father are unknown". The public prosecutor, having seen some of the initial documents relating to the transfer, has instructed the courts to probe further the business deal.
The Guardian says Barcelona's published accounts reveal that they paid €57.1m for Neymar: of that sum €17.1m went to Santos and the outstanding amount of €40m to a company called N&N, which is owned by Neymar's father. Of that latter figure, €10m shows up in Barcelona's accounts for 2012 rather than 2013.
Barcelona have reacted testily to the legal investigation, issuing a statement in which they said: "The contractual complexity, referred to as a 'contractual simulation' by the public prosecutor in his report, never constitutes in itself a crime.
"Given the seriousness of the facts... we will act with determination in defence of the honour of Barcelona."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
The Onion is having a very ironic laugh with Infowars
The Explainer The satirical newspaper is purchasing the controversial website out of bankruptcy
By Justin Klawans, The Week US Published
-
'Rahmbo, back from Japan, will be looking for a job? Really?'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
What's next for electric vehicles under Trump?
Today's Big Question And what does that mean for Tesla's Elon Musk?
By Joel Mathis, The Week US Published
-
The European Super League: a 90th-minute reprieve?
Why everyone's talking about A European court ruling has potentially breathed new life into the breakaway football league
By Richard Windsor, The Week UK Published
-
Pelé obituary: remembering the greatest footballer of all time
Why Everyone’s Talking About The Brazilian footballer, who died aged 82, was blessed with extraordinary skill in every aspect of the game
By The Week Staff Published
-
Iconic soccer legend Pelé dead at 82
Speed Read
By Rafi Schwartz Published
-
Mason Greenwood: footballer arrested on suspicion of rape and assault
Speed Read Man Utd confirm the striker will not train or play until further notice
By The Week Staff Published
-
Handball: swapping bikini bottoms for tight pants
Speed Read Women competitors will be required to ‘wear short tight pants with a close fit’
By The Week Staff Published
-
Cristiano Ronaldo’s second coming
Speed Read Last week, Manchester United re-signed the forward on a two-year deal thought to be worth more than £400,000 a week
By The Week Staff Last updated
-
Bank holidays and boycotts: are MPs trying to jinx England?
Speed Read Declaring a bank holiday would be ‘tempting fate’, says Boris Johnson
By The Week Staff Published
-
Weightlifting: Olympic Games set for transgender first
Speed Read New Zealand weightlifter Laurel Hubbard will make history at Tokyo 2020
By The Week Staff Published