Barcelona paid £34m to company owned by parents of Brazil star Neymar as part of summer transfer

The Catalan club have revealed that around 70% of the total transfer fee they paid for the 21-year-old was given to his parents' company as a 'signing bonus' after allegations of financial irregularities

Barcelona have revealed that they paid around 70 per cent of the £48.6m fee it cost to sign Brazilian international Neymar to a company owned by the player’s parents.

The Spanish league champions have given in to growing pressure to explain how the transfer breaks down financially, with a number of different companies apparently profiting from the 21-year-old’s move to the Nou Camp from Brazilian side Santos.

Spanish prosecutors had asked a Madrid judge to look into alleged irregularities surrounding the deal following allegations made by Barcelona board member Jordi Cases, who is one of current club president Sandro Rosell’s main opposition at the Catalan club. The judge has yet to rule on the prosecutors’ request.

Cases accused Rosell of failing to disclose how much Neymar could end up costing, with claims that the original £48.6m outlay could increase to as much as £63m – which would leave Neymar as the third most expensive player in history. Rosell has denied any wrongdoing.

Having seen allegations that a large proportion of the fee was paid to the player as a “signing bonus”, Barcelona have acknowledged that £34m was indeed paid out to N&N Consultoria Esportiva and Empresarial Ltd, a company owned by Neymar’s parents.

Separate legal action could ensue as a separate player investment fund – DIS Esporte – held a 40 per cent share of Neymar’s transfer rights during his time with Santos.

They received their share of what remained once the £34m has been deducted, but the Sao Paolo-based firm is attempting to obtain official documents regarding the transfer details after further rumours that there is a “simulated” version and a real version.

Prosecutors have since asked both Fifa and Santos to provide a breakdown of the transfer.

Brazil's President Luiz Inacio Lula da Silva (R) shares a joke with Neymar (C) and his father, also Neymar (L) Brazil's President Luiz Inacio Lula da Silva (R) shares a joke with Neymar (C) and his father, also Neymar (L) Barcelona have claimed that the full details of the move remain “confidential”, and have reacted furiously to the court case demanding that it be “thrown out of court” as they have not broken any laws.

A statement released by the club read: “The club provides a detailed argument as to why the lawsuit should be dismissed.

“Firstly because of the real motivation of the plaintiff (Cases), which is to use the legal system to attempt to discredit the club and its president.

“Secondly, the affidavit explains that the payment of €40 million [£34m] to N&N Consultoria Esportiva and Empresarial Ltd as part of the payment for the player is included in the €57.1 million [£48.6m] total, which the club has indicated from the first moment.

“Thirdly, the club refutes the arguments of the Finance Ministry of Jan 10, 2014, because, on the one hand, no contract simulation or mutation existed between the agreements made between the player and the N&N company in November 2011 and that signed on June 3, 2014, in order to definitely sign the player for the club.

“Finally, the club’s affidavit asks for the action to be thrown out, as it is not pertinent, necessary or corresponding to the appropriate procedural occasion.”

A previous statement, released last week, identified arch-rivals Real Madrid as prepared to launch a similar bid in order to add Neymar to their squad.

“Our rivals were prepared to do the same operation, with much more money, but due to the ability and skill of its negotiating team, FC Barcelona were able to get in first,” it read.

“The complexity of the contract, which the prosecutor calls ‘contract simulation’, has never been in itself illegal and we believe that the prosecutor’s belief that it is, is a mistake.

“Given the seriousness of this situation and although we believe in the good working of justice, we intend to act decisively to defend the honour of FCB and its president.”

Messi and his partner Antonella Roccuzzo at the 2013 FIFA Ballon d'Or awards Messi and his partner Antonella Roccuzzo at the 2013 FIFA Ballon d'Or awards  

The Neymar saga is yet another unwelcomed distraction to the club as they looked to retain their La Liga crown as well as return to the top of European football in their quest for another Champions League trophy.

Star player Lionel Messi, who lost the Ballon d’Or award to Cristiano Ronaldo on Monday for the first time in five years, is currently being investigated over allegations of tax evasion. His father, Jorge, appeared in court in September to give evidence to a judge after accusations that the pair had evaded €4.2m (£3.5m) in taxes. Both have denied the allegations.

 

Have you tried new the Independent Digital Edition apps?
Life and Style
Powdered colors are displayed for sale at a market ahead of the Holi festival in Bhopal, India
techHere's what you need to know about the riotous occasion
Arts and Entertainment
Larry David and Rosie Perez in ‘Fish in the Dark’
theatreReview: Had Fish in the Dark been penned by a civilian it would have barely got a reading, let alone £10m advance sales
News
Details of the self-cleaning coating were published last night in the journal Science
science
News
Approved Food sell products past their sell-by dates at discounted prices
i100
News
Life-changing: Simone de Beauvoir in 1947, two years before she wrote 'The Second Sex', credited as the starting point of second wave feminism
peopleHer seminal feminist polemic, The Second Sex, has been published in short-form to mark International Women's Day
Caption competition
Caption competition
Latest stories from i100

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable