7msports > Soccer Video > Barcelona pay £11.2 million in tax fraud for Neymar transfer
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Intro:
Barcelona have paid, what they call a "complimentary fee" of 13.5 million euros to the Spanish authorities following an investigation into the transfer of Brazilian striker Neymar.
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Barcelona have paid 13.5m euros to the Spanish authorities after they were charged with alleged tax fraud over the transfer of Neymar.
Despite paying, what the club are calling 'the complimentary fee', they insist no offence was committed.
As a result of the 13.5 million euros payment, the price of Neymar's transfer now exceeds 100 millions euros.
The Catalan club initially said it had paid 57.1 million euros for the Brazil forward, with 41.7m of the fee going to Neymar's parents.
The Brazilian's signing forced the resignation of Sandro Rosell as president last month, after one club member's petition to learn more about the details of the deal were kept in the dark.
Rosell has preached financial prudence while signing lucrative sponsorship deals that have put advertising on the front of Barcelona's jersey for the first time in the history of the club.
Rosell himself remained under investigation by the same Spanish court that laid the fraud charges against the club.
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Barcelona pay £11.2 million in tax fraud for Neymar transfer
Tuesday, February 25 2014Category:Soccer