Spanish prosecutors seek two-year sentence for Neymar
- Idea Cellular’s proposal for 100% FDI under consideration of DIPP
- ICICI-Videocon loan case: Sebi may seek forensic probe of bank books, disclosures
- Saudi Arabian security shoots down recreational drone near royal palace
- India’s forest cover grew by over 6,700 sq km, AP, Karnataka, Kerala make key contribution
- World Bank approves $13 billion capital boost as US drops objection
Madrid: Spanish prosecutors recommended that Brazilian star Neymar be handed a two-year jail sentence and a fine of €10 million ($10.6 million) for alleged corrupt practices in his transfer to Barcelona, a court filing revealed on Wednesday.
Prosecutors are also seeking a five-year sentence for former Barcelona president Sandro Rosell—who resigned over the scandal in 2014—on counts of fraud and corruption, but dropped charges against current president Josep Maria Bartomeu.
The case initiated with a complaint from Brazilian investment company DIS, which owned 40% of Neymar’s sporting rights at the time of his transfer from Santos in 2013.
In presenting their case on Wednesday, DIS called for five-year sentences for Neymar and his parents, eight years for Rosell and Bartomeu and a mammoth €195 million fine for Barca.
Sentences of two years or less are habitually suspended for first time offenders in Spain.
However, DIS also recommended that Neymar be banned from playing football during any judicial sentence.
Barcelona initially announced the cost of the move at €57.1 million, €17.1 million of which was paid to Santos with the remaining €40 million paid to N&N, a company owned by Neymar’s family.
However, Spanish authorities believe the real cost escalated to €83.3 million.
DIS received €6.8 million, 40% of the fee paid to Santos.
The company believes it was cheated of its real share because part of the transfer fee was concealed by Barcelona, Santos and the Neymar family.
Moreover, DIS also argued a pre-contract agreement between Neymar and Barca signed in 2011 impeded other clubs from making offers for the player, affecting the value of the transfer fee.
The decision is another blow to the image of the Spanish champions and the player himself, who signed a lucrative new contract to remain at Barca till 2021 in June.
Barca hoped to bring an end to the murky affair when the club agreed to pay a €5.5-million fine in a deal with prosecutors in June to settle a separate case and ensure the club avoided trial on tax-evasion charges over the transfer.