Spanish court calls for two-year sentence for Neymar over corruption charges

Image
ANI Johannesburg [South Africa]
Last Updated : Nov 24 2016 | 12:02 PM IST

Spanish prosecutors have called for a two-year jail sentence and a fine of 10 million euros for Brazilian star striker Neymar in a corruption case over his transfer from Santos to Barcelona in 2013.

According to a court filing which was revealed yesterday, the prosecutors are also seeking a five-year sentence and a fine of 8.4million euros for former Barcelona president Sandro Rosell.

The prosecutors have, however, dropped charges against current president Josep Maria Bartomeu.

According to Sport24, the case initiated with a complaint from Brazilian investment company DIS, which owned 40 percent of Neymar's sporting rights at the time of his transfer from Santos in 2013.

While presenting its case, the DIS asked for five-year sentences for Neymar and his parents, eight years for Rosell and Bartomeu and a mammoth 195 million euro fine for Barcelona. It should be noted that sentences of two years or less are habitually suspended for first time offenders in Spain.

The DIS also recommended that the Brazilian star should not be allowed to play football during any judicial sentence.

The cost of the move was initially announced at 57.1 million euros by Barcelona, out of which 17.1 million was paid to Santos and the remaining 40 million was paid to N&N, a company owned by Neymar's family.

However, the Spanish authorities believe the real cost escalated to 83.3 million euros.

DIS, which received 6.8 million euros, 40 percent of the fee paid to Santos, believes it was cheated of its real share because part of the transfer fee was concealed by Barcelona, Santos and the Neymar family.

The company also argued that a pre-contract agreement between Neymar and Barca signed in 2011 impeded other clubs from making offers for the player, thus, affecting the value of the transfer fee.

Since moving to the Nou Camp, 24-year-old Brazilian striker has won two La Liga titles, two Copa del Rey trophies, the Champions League, the European Super Cup, the Spanish Super Cup and the Club World Cup.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 24 2016 | 12:02 PM IST

Next Story