NEYMAR TO STAND TRIAL ON CORRUPTION CHARGES

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After losing a final appeal, the Brazil international and FC Barcelona’s star forward Neymar and his club will stand trial on corruption charges over his transfer from Brazilian team Santos in 2013.

 

The case relates to a complaint from Brazilian investment group DIS, which owned 40% of Neymar's transfer rights and now the football club Barcelona, Brazilian club Santos, and the company run by Neymar’s parents also lost their appeals and will stand trial after a complaint brought by a DIS investment group which said it received a smaller compensation because part of the transfer fee was concealed by those involved.

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And the Spanish High Court said in a statement "Santos FC, Barcelona FC, Neymar, his mother Nadine Goncalves and N&N, the family company, have lost their appeals to have charges of fraud and corruption dropped,"

Now they cannot appeal against the court's decision and Prosecutors are seeking a two-year prison sentence and a fine of nearly $10 million for the Brazil international and FA Barcelona’s hotshot Neymar and his father on corruption charges.

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But, they are not likely to face any jail time if found guilty because they would be first-time offenders.

And Prosecutors are also seeking a fine of about $9 million from the Spanish giant FC Barcelona and $7 million from Neymar’s former club Santos.