Explained: Barcelona and DIS's fraud and corruption case against Neymar
Explained: Barcelona and DIS's fraud and corruption case against Neymar
Neymar, 30, his parents, former Barça presidents Josep Maria Bartomeu and Sandro Rosell, as well as former Santos president Odilio Rodrigues are on trial for fraud and corruption in the transfer.
Neymar, 30, his parents, former Barça presidents Josep Maria Bartomeu and Sandro Rosell, as well as former Santos president Odilio Rodrigues are on trial for fraud and corruption in the transfer.
The case revolves around the claim made by Brazilian investment firm DIS, which claimed it was cheated out of its lawful share of the transfer proceeds because the value of the deal was undervalued. DIS owned 40% of Neymar's rights when he was playing for Brazil's Santos.
The case revolves around the claim made by Brazilian investment firm DIS, which claimed it was cheated out of its lawful share of the transfer proceeds because the value of the deal was undervalued. DIS owned 40% of Neymar's rights when he was playing for Brazil's Santos.
Barca stated that the trade was worth 57.1 million euros, of which 6.8 million euros were provided to DIS and 40 million euros were paid to N&N and Santos. The true worth, according to Spanish prosecutors, was at least 83 million euros.
Barca stated that the trade was worth 57.1 million euros, of which 6.8 million euros were provided to DIS and 40 million euros were paid to N&N and Santos. The true worth, according to Spanish prosecutors, was at least 83 million euros.
If proven guilty, Neymar and his father may receive a two-year prison term. They might also be subject to a $10 million ($9.7 million) penalties. For a first-time offender, prison sentences of two years or less are never upheld in Spain.
If proven guilty, Neymar and his father may receive a two-year prison term. They might also be subject to a $10 million ($9.7 million) penalties. For a first-time offender, prison sentences of two years or less are never upheld in Spain.
The court authorized Neymar and his family to return to Paris right away following their testimony so they can participate in the trial's scheduled October 31 video conference verdict.
The court authorized Neymar and his family to return to Paris right away following their testimony so they can participate in the trial's scheduled October 31 video conference verdict.