Neymar Escapes A Two-year Jail Term And An £8.6 Million Fine As All Charges Are Dismissed. The Spanish government has dismissed all fraud and corruption allegations against NEYMAR. The Brazilian, 30, could have received up to two years in prison and a fine of £8.62 million.
This was in reference to a case that was centred on a claim made by the Brazilian investment company DIS, which at the time Neymar was playing for Brazilian team Santos controlled 40% of the rights to him.
They claimed that the transfer’s value was undervalued, which prevented them from receiving their due share of the proceeds.
According to a court document filed in July, Barcelona paid Neymar 40 million euros in 2011 to ensure he moved to the Nou Camp when his contract with Santos finished in 2014.
The offence for which Neymar and his family were charged is not punished in Brazil, but a trial was proceeding in Spain until today when the accusations were dropped.
According to Reuters, Neymar’s legal team will seek fees from the prosecution for recklessness, acting in bad faith, and for abuse of process, and they also plan to pursue damages claims.
Speaking during his first testimony earlier this week, Neymar said: “I didn’t participate in the negotiations.
“My father always took care of it and always will. I sign everything he tells me to sign.
“Playing for Barcelona was always my dream, a childhood dream.”
And Neymar da Silva Santos, the player’s father, added: “Our intention was to prepare a career plan for him in Europe, in which we had in place already established, could learn the language, etc.
Despite having the option to decline testifying in court, Neymar and his parents chose to do so.
Florentino Perez, the president of Real Madrid, testified in court.