Court freezes £33.1 millon worth of Neymar's assets
The Brazil international faces legal action over
earnings he allegedly failed to declare before his
move to La Liga in 2013A court in Brazil has
frozen £33.1 million worth of Neymar's assets
following allegations of tax evasion.
The Sao Paulo federal court alleges that the
Barcelona star evaded 63m Brazilian reals
(£10.5m) between 2011 and 2013, before his
move to La Liga.
The documentation of the case, presided over by
Judge Carlos Muta, states Neymar is “solely
responsible for his income declaration", and
further claims the player only declared assets
worth 19.6m reals (£3.2m).
A judicial order explaining the seizure of Neymar's
assets indicated that the amount frozen was far in
excess of the sum alleged to have been evaded in
order to cover for potential interests and fines,
and for security purposes.
The assets frozen, including property and
vehicles, belong to Neymar as an individual and
three companies that he is the principal owner of,
along with his father.
The freezing of these assets will not prevent
Neymar from being able to access bank accounts
and other liquid possessions.
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