Barcelona reach agreement in Neymar transfer tax case
The Barcelona board of directors have reached an agreement finally. It gives a solution for tax transfer of Neymar. The transfer of Brazilian forward Neymar from Santos to the Blaugrana was controversial. It has been a discussed issue since long.
Barcelona reach agreement in Neymar transfer tax case
Barcelona are exonerated of any wrongdoing. The verdict was taken by the state prosecutors. Barcelona agree to pay a €5.5 million fine to settle the matter.
The measure also exonerates current president Josep Maria Bartomeu. The former president Sandro Rosell has also been out of blame.
Initially the state prosecutors had given two sentences. One is of two years, three months. And also seven years, seven months. They are meant for their alleged tax evasion.
Barcelona are anticipated to announce the agreement on Monday.
The court has been looking into a complaint. It was done by a Brazilian investment group. It claims it was financially harmed. It was when Barcelona and Neymar withheld the real amount of the player’s transfer fee from Santos back in 2013.
The transfer deal has been the subject of many court investigations in both Brazil and Spain. Full details of the deal still remain unclear.
Investment group DIS was entitled to 40 percent of Neymar’s transfer. But claims it received a smaller compensation. A part of the transfer fee was concealed.
Neymar has been enjoying a fun poker session in Las Vegas. He attended the World Series of Poker . It took place at the Rio Hotel and Casino. This competition runs from May 31 until June 18. Neymar, himself is the face of a poker company. He participated in the tournament and had fun. Neymar will hopefully get rid of all the controversies playing his game now.
