Neymar facing fraud trial in Spain

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Neymar facing fraud trial in Spain

Brazilian footballer Neymar is facing a trial for fraud in Barcelona for alleged irregularities surrounding his move the Spanish club 9 years ago.

The Brazilian international, who now plays for Paris Saint-Germain is accused of fraud and corruption.

Two former presidents of Barcelona football club, Josep Maria Bartomeu and Sandro Rosell, as well as Neymar’s parents face the same allegations.

Investment fund DIS, which argues it was entitled to 40% of Neymar’s 2013 transfer fee when he left Brazilian club Santos, said it had received far less than it should have, as part of the transfer fee had been concealed.

When Neymar signed for Barcelona, the club said it was for a €57.1m fee and DIS received €6.8m of the €17.1m paid to Santos.

The investment fund alleged the real fee was far higher.