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PSG star footballer Neymar goes on trial for fraud in Spain
The Paris St. Germain football star faces both jail time and a steep fine for allegedly underreporting his transfer fee in 2013. His parents, as well as former FC Barcelona presidents, are also on trial.
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Brazilian soccer star Neymar Jr. arrived at a courthouse in the Spanish city of Barcelona on Monday morning, charged with fraud and corruption. Neymar is on trial along with eight other defendants.
The allegations relate to Neymar's transfer from Brazilian side Santos to FC Barcelona in 2013. Brazilian investment firm DIS claims that it owned 40% of the rights to his contract, and that it lost out on its rightful cut from the deal because the value of the transfer was undersold to them.
Ex-Barca president faces five years
Also on trial alongside the Brazil national team star are his parents, as well as former Santos president Odilio Rodrigues and former Barcelona presidents Josep Maria Bartomeu and Sandro Rosell.
Rosell is facing the heaviest possible punishment, with prosecutors seeking five years in jail. They are also asking that Barca pay a €8.4 million fine.
"Neymar, with the connivance of his parents and the boards of directors of Barcelona and Santos, betrayed the trust of my clients," DIS lawyer Paulo Nasser said last week.
"The real cost of the transaction [between Santos and Barcelona] was €82 million, and only 17 million appeared as the official transfer," Nasser added.
Neymar is expected to testify on Friday, though that may be subject to change.
The allegations relate to Neymar's transfer from Brazilian side Santos to FC Barcelona in 2013. Brazilian investment firm DIS claims that it owned 40% of the rights to his contract, and that it lost out on its rightful cut from the deal because the value of the transfer was undersold to them.
Ex-Barca president faces five years
Also on trial alongside the Brazil national team star are his parents, as well as former Santos president Odilio Rodrigues and former Barcelona presidents Josep Maria Bartomeu and Sandro Rosell.
Rosell is facing the heaviest possible punishment, with prosecutors seeking five years in jail. They are also asking that Barca pay a €8.4 million fine.
"Neymar, with the connivance of his parents and the boards of directors of Barcelona and Santos, betrayed the trust of my clients," DIS lawyer Paulo Nasser said last week.
"The real cost of the transaction [between Santos and Barcelona] was €82 million, and only 17 million appeared as the official transfer," Nasser added.
Neymar is expected to testify on Friday, though that may be subject to change.
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