Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Court reopens case against Neymar for Barcelona transfer
Published in Ahram Online on 23 - 09 - 2016

A case into alleged irregularities regarding the transfer of Brazil striker Neymar to Spanish club Barcelona has been reopened, a Madrid court said Friday.
The ruling came less than three months after National Court judge Jose de la Mata shelved the complaint brought by Brazilian investment group DIS against Neymar, his father, former Barcelona president Sandro Rosell and former Santos president Odilio Rodrigues.
Prosecutors appealed and judge Angela Murillo Bordallo ruled that there is still enough evidence to keep the case alive.
The Brazilian investment group was entitled to 40 percent of Neymar's transfer from Brazilian club Santos in 2013, but claimed it received a smaller compensation than it should have because part of the transfer fee was concealed.
Neymar and the other parties being accused by prosecutors have denied wrongdoing. The Barcelona star and his father, who acts as Neymar's agent, appeared at a Madrid court in February to defend themselves.
In June, Barcelona paid a fine of 5.5 million euros ($6.2 million) to settle a separate case brought against the club by Spain's tax authorities. In that agreement, the club acknowledged it made ''an error in the fiscal planning of the player's transfer.''
Barcelona said the price of Neymar's transfer was 57.1 million euros ($64 million), with Santos receiving 17.1 million euros ($19 million) and a company owned by Neymar's parents 40 million euros ($44 million).
Prosecutors said the total amount paid by the Spanish club to Santos was 25.1 million euros ($28 million), meaning DIS would be entitled to an additional 3.2 million euros ($3.6 million).
Prosecutors said the difference comes from payments made by Barcelona for the future acquisitions of other players, as well as partnerships for friendly matches between the clubs.
According to court documents, DIS paid 5 million reals (1.4 million euros; $1.6 million) for its 40 percent of Neymar's rights in 2009.
Earlier this year, Neymar extended his contract with Barcelona until 2021.
In his first three seasons with the Catalan club, the 24-year-old Neymar scored 85 goals in 141 games, forming a potent strike trio with Lionel Messi and Luis Suarez.
He helped the team win two Spanish leagues, two Copa del Reys, the Champions League, the European Super Cup, the Spanish Super Cup and the Club World Cup.
(For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.)


Clic here to read the story from its source.