Monday, February 24, 2014

Barcelona pay £11.1m in evaded taxes

Barcelona have paid the Spanish authorities £11.1million following allegations of tax evasion in the transfer of Neymar.

The High Court judge Pablo Ruiz this week insisted that the Catalan club should repay the amount they evaded during the Brazilian striker's transfer to Spain from Santos last summer.

Barcelona again insisted they have done nothing wrong but confirmed the payment had been made to avoid the club's name being tarnished and prevent a difference in interpretation.

The club's board of directors met on Monday morning at the club's offices to discuss their response to the allegations.

A statement released on Barcelona's official website said: 'The board denies the existence of any tax related crime in relation to the fiscal obligations arising from the signing of the player.'

It went on to say that the club would continue to collaborate with the courts and the tax authorities to clarify the facts and that it would present a legal defence if necessary.

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