Placeholder canvas

Barca pleased with Spanish leagues Neymar verdict

Date:

Barcelona admitted their relief at a conclusion by the Spanish league (LFP) that there was nothing irregular about their signing of Brazilian star Neymar last summer, although the deal remains under criminal investigation.

“FC Barcelona are pleased with the resolution adopted by the Committee for Economic Control of the LFP that there was no irregular conduct in the signing of Neymar,” read a statement released by the club on Monday.

Barcelona were indicted in February over alleged tax crimes relating to the 86-million-euro ($118 million) signing of the 22-year-old, and the LFP had requested more details at the same time.

However, they told the Catalans last Friday that they had done nothing to “infringe LFP rules”, Barcelona added.

The scandal over the signing of Neymar from Santos led to the resignation of Barca president Sandro Rosell in January.

State prosecutors have alleged that Barcelona owe the taxman nine million euros ($12.5 million) in deals to bring the player to the Spanish champions from Brazilian club Santos.

The case was started by one of Barca’s own members, Jordi Cases.

He accused Rosell of misappropriation for not declaring publicly that 40 million of the 57.1 million figure initially quoted by Barca was paid to N&N, a company controlled by the player’s parents.

Following Rosell’s resignation, the club revealed that the entire cost of the operation including Neymar’s signing bonus, commissions, marketing deals, a donation to the player’s foundation and other deals totalled 86.2 million euros.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

IPL 2024: Mayank Yadav Misses Out Due To Injury As LSG Win Toss, Opt To Field Against KKR

LSG, who returned to winning ways with a victory in the previous match, will look to claim two points and take a step closer to the Top spots

IPL 2024: Fiery Spells From Jadeja, Deshpande Help CSK Beat PBKS By 28 Runs

CSK has gone up to third place in the points table with six wins and five losses, giving them 12 points. PBKS is at the eight spot with four wins, seven losses and just eight points

Dua Lipa talks about ‘Radical Optimism’ on SNL Debut

Pop sensation Dua Lipa made her debut on Saturday...

White House Gate Crash: Driver Dies, Probe Initiated

The Secret Service along with the police and fire departments of the Dsitrict Of Columbia have launched an investigation into the fatal crash as per a statement from Secret Service spokesman Anthony Guglielmi