Barcelona has been officially cleared of defrauding Brazilian side Santos out of any of the Neymar transfer fee from back in 2013.
The then 21-year-old Neymar left Santos under a cloud.
The Brazilian club received a mere 17 million euros for the player and the balance of his 80 million-plus euro fee went to his father and a private company that the player himself owned.
Santos cried foul and took the Catalan giants to the highest court in the land, claiming they had been defrauded of over 60 million Euros.
Today CAS announced that Barca had done no wrong, Santos got what they were entitled to and had to pay the La Liga sides legal bill too.
The Barcelona official website announced:
“The Court of Arbitration for Sport has dismissed the appeal made by Santos to FIFA.”
“The Brazilian club claimed a payment of 61,295,000 euros in damages from FC Barcelona and the corresponding sporting bans with regards to the transfer of Neymar Jr.”
The CAS considers that the contract between Santos and the player was ended by mutual agreement.”
“FC Barcelona did not infringe any transfer agreement when it paid additional amounts to the father of the player and to the N&N company.”
“FC Barcelona did not behave in a fraudulent manner when it signed a pre-contract with Neymar Jr nor when it signed a transfer agreement with Santos.”
“The CAS verdict compels Santos to pay FC Barcelona’s legal costs, a figure of 20,000 Swiss francs.”
The question on everyone’s lips is , will Barcelona re-sign Neymar?