Fiji Time: 4:20 PM on Wednesday 31 August

Fiji Times Logo

/ Front page / Sport

Barca pays $35m Neymar tax

Ap
Wednesday, February 26, 2014

BARCELONA, Spain - Barcelona has paid 13.5 million euros ($F35.2million) to Spanish tax authorities to cover any potential irregularities in their signing of Neymar while maintaining their innocence of fraud charges.

The Spanish champions said in a statement yesterday they had paid the "complimentary" amount to cover any "eventual interpretations that could come out of the contracts signed relating to the transfer of Neymar".

"Meanwhile, we are convinced of the legality of our initial fulfilment relating to our tax obligations."

Barcelona's actions take the price of Neymar's transfer to 100 million euros ($F435million) after the Catalan club initially said they had paid 57.1 million euros ($F147million) for the Brazilian forward.

That sum does not include bonus payments made by Barcelona or the 22-year-old's salary, meaning his total cost likely exceeds the record-breaking 100 million euros-plus spent by rivals Real Madrid on Gareth Bale last summer.

Spanish tax authorities charged Barcelona with fraud on Thursday, alleging they swindled the state of 9.1 million euros ($F23million) through payments to varying companies and false contracts.

Barcelona said they had scrupulously met financial obligations in signing the player from Brazilian club Santos and would continue to work with the state authority in the matter.

Neymar's signing forced the resignation of Sandro Rosell as president last month, after one club member's petition to learn more about the intricate details of what had become a club-record signing were kept in the dark.

Rosell had preached financial prudence while signing lucrative sponsorship deals to put advertising on the front of Barcelona's jerseys for the first time in the history of an institution that considers itself more than a club and a symbol of Catalan values.

Rosell is being investigated by the same Spanish court that laid the fraud charges against the club.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64230.6233
JPY 51.143748.1437
GBP 0.37350.3655
EUR 0.43970.4277
NZD 0.68600.6530
AUD 0.65580.6308
USD 0.49220.4752

from

$0.00

Exchange Rate updated on 31st August 2016

Today's Most Read Stories

  1. Gregan joins Kunatani in Navosa
  2. New face on the runway
  3. Fijian 7s friends
  4. Rawaca finally receives his Olympic Games medal
  5. Vessels put to rest in the deep
  6. Chief's vision fulfilled
  7. $500m for project
  8. No reports filed over alleged website hacking
  9. New court for school
  10. Trade dispute

Top Stories this Week

  1. Mata signs new deal Sunday (28 Aug)
  2. Wong helps Rawaca get a gold medal Friday (26 Aug)
  3. 1 charged, 2 under probe for break-in Thursday (25 Aug)
  4. Veremalua gets help from Ryan on overseas contract Saturday (27 Aug)
  5. Ryan's plan to return to Fiji Tuesday (30 Aug)
  6. Kolinisau surprises fans with Macuata dialect Friday (26 Aug)
  7. Violence stops TISI Sangam annual meeting Sunday (28 Aug)
  8. Ryan may return Friday (26 Aug)
  9. 'No place like Fiji' Tuesday (30 Aug)
  10. Ryan's big day Tuesday (30 Aug)