Barcelona charged with tax fraud over transfer of Neymar

Barcelona charged with tax fraud over transfer of Neymar

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Barcelona charged with tax fraud over transfer of Neymar

NeymarBarcelona2-Ajax (Getty)

By FRANCO PANIZO

Barcelona has some explaining to do, and maybe even some paying.

A Spanish court has charged the Spanish heavyweights with tax fraud of $12.5 million over the transfer of Brazilian star Neymar in the summer of 2012. Barcelona has denied the charges, but Sandro Rosell recently left his post as the club’s president over the allegations.

Rosell is being investigated by Spanish judge Pablo Ruz, who has also asked Neymar’s father to testify. Neymar’s father ran a firm that allegedly received $55 million of the transfer fee for the Brazilian international.

The news of Barcelona being charged comes a day after a public prosecutor charged Barcelona with falsifying simulated contracts and defrauding the Spanish Treasury.

What do you make of this news?Do you think more of this kind of stuff happens around the world? Starting to appreciate MLS’s salary cap?

Share your thoughts below.

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