Tuesday, 25 February 2014

IN ADDITION TO THE ALREADY-KNOWN €92.7 MILLION, THERE IS NOW €9.1 PLUS

Neymargate: €107 million and counting...

Neymargate: €107 million and counting...
02/24/2014
For every day that passes, the total cost of Operation Neymar rises a little more. At the moment, if we add in the €9.1 million the club intends to pay immediately for alleged tax fraud, it has reached €107.3 million. And then there will be the fine which will ensue, if the case is proven, which could be anything between €5.5 million and €54.6 million.
The reasoning behind this swift payment is precisely to reduce the amount of the eventual fine - a very significant sum as it might vary by as much as almost €50 million. If the minimum fine is inflicted, then it would be €5.5 million, making a total of €107.3 million. The final total would be much greater if the maximum fine of €54.6 million were inflicted, although this possibility might well be ruled out as a result of the swift action on the part of the Barcelona club.
What started as transfer valued at €57.1 million, and which is the only sum recognised by the club as an actual transfer fee, has now already doubled if we mix in all the sums paid out in the operation and which are confirmed by the club, Neymar's father and now the Tax Authority.
Details of the operation
At his first press conference as club president, Josep Maria Bartomeu explained all the figures involved in the affair. Despite seperating them from the sum considered as a transfer fee, he did admit that €7.9 million had been paid to Santos for trialling rights to three youth players; also, €2 million more might be added if Neymar is a finalist in the Ballon d'Or, plus a €4.5 million penalty clause if a friendly game is not played in Brazil.
Neymar's father's companies would receive €4 million in sponsorship, €2 million for scouting for young players, then there would be €2.5 million for the Neymar Foundation, and €2.7 million for acting as agent to his son. Furthermore, there was another €10 million signing-on fee for the player himself – a signing bonus, according to the club. Added to all this, we have whatever the Tax Authority decides to take.

No comments:

Post a Comment

thank you for your precious time and feedback.