Brazilian footballer Neymar faces 5 year jail time in Spain for fraud

PARIS: Brazil forward Neymar will stand trial next week on fraud and corruption charges over his transfer to Barcelona from Santos in 2013 and the complainant, Brazilian investment firm DIS, said on Thursday that it was demanding a five-year jail term.

Along with Neymar, the other defendants being brought by Spanish prosecutors in the trial which begins in Barcelona on Monday, are his parents, the two clubs, former Barca presidents Josep Maria Bartomeu and Sandro Rosell, and former Santos president Odilio Rodrigues. The case stems from a complaint by DIS, a Brazilian company that owned 40% of the rights to Neymar when he was at Santos. It argues that it lost out on its rightful cut from the transfer because the true value of the deal was understated.

Neymar has denied the allegations but lost an appeal in Spain's High Court in 2017, which paved the way for the trial.

Rosell has also previously denied any wrongdoing. His representatives did not respond to a request for comment. Barcelona and lawyers representing Bartomeu declined to comment on the case.

Santos did not immediately respond to a request for comment and Rodrigues could not be immediately reached. DIS is also requesting jail terms for Rosell and Bartomeu, and a 149 million euros ($144 million) fine.

Spanish prosecutors want a two-year prison term for Neymar and the payment of a 10 million euros fine and a five-year jail term for Rosell plus an 8.4 million euros fine for the Spanish club. IANS

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