December 1, 2021

Neymar and Barcelona reached settlement over legal disputes

2 min read

Paris Saint-Germain forward Neymar and his former Spanish club Barcelona have reached an “amicable” agreement to end their long-running dispute over the Brazilian football star’s contract. Earlier, Neymar had claimed he was owed 43.6 million euros in unpaid bonuses by the LaLiga giants as a loyalty bonus, having signed a new five-year contract with the Catalan club in 2016.

“Barcelona have ended out of court in amicable fashion the various labour and civil litigation cases that were open with the Brazilian player Neymar,” the Blaugrana said in a statement. “As such, a transactional agreement between the club and the player has been signed to end the legal cases that were pending between the two parties.” Barca, however, did not specify the details of the agreement.

The series of lawsuits came when Neymar signed a new five-year contract in 2016, which included a renewal bonus worth 64.4 million euros. Barcelona paid around 14 million euros of this bonus before Neymar left for Paris Saint-Germain.  However, they refused to pay the remaining amount, insisting the terms of his contract had been broken and sued him for breach of contract.

Barca was requesting the return of the 14 million euros that was already paid to Neymar as well as 8.5 million euros in damages plus interest. In June 2020, a judge ruled in Barca’s favour, ordering Neymar to pay his former employers 6.7 million euros. Neymar appealed the verdict but Barca now say all cases with their former player have been resolved. 

Last year, Neymar reportedly topped the list of thousands of names published on the website of the Spanish tax office with unpaid taxes. The Brazilian has the highest personal debt in a list released by Spanish officials. The list includes individuals and companies that owe more than 1 million euros ($1.1 million). Follow us for more online sports betting and soccer analysis and prediction.

According to reports Spain’s fiscal authorities are investigating two of Neymar’s transfers, his arrival at the Camp Nou from Santos in 2013 and his switch to the French capital four years later. Barca said the deal cost 57.1 million euros but according to Spanish authorities the club paid 83.3 million euros for the attacker. The other names in the tax watch list areCristiano Ronaldo and Lionel Messi.

The Brazilian star enjoyed a successful spell at Barca between 2013 and 2017 before joining PSG for a world-record fee of 222 million euros in August 2017. During the Champions League match in December last year, Neymar reached 20 goals for PSG, a mark he also reached during his four years at Barcelona, where he notched 21 in 40 games. Nobody in the history of the game has ever managed to achieve this feat.

Exciting games and big wins as you visit 12BET where exclusive promotions await for you. 

Visit 12BET login and join us to claim exclusive benefits and more.