Spanish Court fines Barcelona, closes Neymar's case

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Barcelona, Dec 15: A Barcelona court has said that FC Barcelona must pay two fines totaling 5.5 million euros ($5.8 million) for two tax offenses committed in the signing of Neymar, in accordance with the agreement that the club already reached with the prosecution.

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After a brief hearing in which BarÇa's legal counsel, Ramon Gomez Ponti and lawyer Cristobal Martell, presented the agreement signed with the public prosecution, the court ratified the fine on Wednesday, 14, December reports Efe news agency.

Neymar (left) with his father outside Spanish court.

Under the agreement, which acquitted the former president of the club, Sandro Rosell, and the current one Josep Maria Bartomeu, BarÇa will pay a fine of $5.8 million for two offenses against the public treasury in the fiscal years of 2011 and 2013, in the signing of Neymar.

This ruling comes to repair the damage caused by BarÇa's tax offences, which amount to $13.86 million, and to establish measures to prevent similar offences from happening in the future.

IANS

Story first published: Thursday, August 3, 2017, 8:05 [IST]

Sporting Buzz

Spanish Court fines Barcelona, closes Neymar's case

Barcelona pay two fines totaling 5.5 million euros ($5.8 million) for two tax offenses committed in the signing of Neymar.