Brazilian company DIS had accused Neymar, his father, and the former presidents of Santos and Barcelona of intentionally changing the cost of his 2013 transfer to avoid paying the company what it claimed was due as the partial holder of player rights.
The verdict is not a surprise following the decision by state prosecutors to drop all charges during the trial. That left only the lawyers of DIS to continue arguing their case. The transfer was first investigated by tax authorities in Madrid in January 2014, leading to the resignation of then Barca chief Sandro Rosell amid a complaint from a club member. Barca then said that Neymar's parents got £34m of the £48.6m with the remainder going to Santos.
“The agreement involves the recognition by the club of an error in tax planning for the signing of the player, for the fiscal years 2011 and 2013, when they did not correctly withhold payments resulting from his incorporation,” the club said in 2016.
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