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Monday, February 2, 2015

Barcelona accused of tax fraud in Neymar sinning.


Spanish public prosecutors have asked for
Barcelona and their former president Sandro
Rosell to be tried for two charges of tax fraud
committed in the signing of Brazilian star
Neymar.
Meanwhile, prosecutors have also asked for
the investigation of current Barcelona
president Josep Maria Bartomeu and the club
on an extra tax charge in 2014, which could
rise to 2.85 million euros.
In a judicial file released on Monday,
prosecutor Jose Perals Calleja suggests that
Rosell and Barca declared an inferior fee to
that which they paid for Neymar in 2013.
The prosecutors believe that Neymar cost in
excess of the 57 million euros ($64.3 million,
£42.7 million) declared to the Spanish tax
man.
They cite the figure at a cost of 82,743,485
euros divided into sperate contracts that
secured the signing.
According to the calculations of the Spanish
tax authorities, Barcelona owe a total of
12,148,696 million euros in tax on the deal,
which would see the overall cost of the
operation rise to 94.8 million euros.
Rosell resigned as president over the affair just
over a year ago when a complaint brought by
one of the club’s members for
misappropriation of funds was taken to court.
In his testimony before a judge on the case in
July of 2004, Rosell insisted that Neymar cost
the club 57 million euros, 17 of which went to
his former club Santos and 40 million paid to
N&N, a company owned by the player’s
father.
However, following Rosell’s resignation,
Barcelona also confirmed a number of extra
agreements including a 10 million euro signing
bonus for the player and scouting and
collaborative agreements between the two
clubs taking the total to 86.2 million euros.
In February of last year, the club announced
that they had made a voluntary payment of
13.5 million euros to the Spanish tax
authorities regarding the transfer.

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