rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Sports » Barca deny wrongdoing after tax fraud reports

Barca deny wrongdoing after tax fraud reports

February 20, 2014 14:21 IST

Barcelona have denied wrongdoing after local media said Spain's public prosecutor had asked for charges to be brought against the club for alleged tax fraud in last year's signing of Brazil forward Neymar.

Barcelona's NeymarThe prosecutor had written to the judge overseeing a probe into the deal, accusing Barca of drawing up "pretend contracts" and engaging in "financial engineering" to defraud the tax man of 9.1 million euros, according to the reports which did not identify the source of their information.

A spokeswoman for the prosecutor's office said she was unable to comment on the veracity of the reports.

"The club's actions have, at all times, regarding that operation (to sign Neymar) and in line with the available information, been fully compliant with existing law," Barca said in a statement on Wednesday.

The Spanish champions added they would be sending legal representatives to court "in the coming days" to defend their rights and interests.

"At the same time (Barca) states its complete availability to collaborate with the justice authorities in this process, as it has been doing from the first moment, or in any other that might require its intervention."

Neymar's high-profile move from Santos in the close season is already being investigated for possible misappropriation of funds following a complaint from a Barca member.

Sandro Rosell, who was named in the lawsuit but denies wrongdoing, stepped down as president last month. He said he wanted to protect the club's image and alleged he and his family had been threatened.

Rosell was replaced by his deputy Josep Bartomeu who said Neymar cost Barca 86.2 million euros, including payments to the player and his family, and not 57.1 million as they originally said.

Barca initially refused to reveal all the details of the deal, citing a confidentiality agreement with Neymar's family, but Bartomeu announced Neymar's father had given them permission to go public.

Photograph: David Ramos/Getty Images

Source:
© Copyright 2014 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.