Football: Barca reveal Neymar deal cost almost $150 million
BARCELONA (REUTERS) - The deal to sign Brazillian footballer Neymar cost Barcelona 86.2 million euros (S$150.9 million), including payments to the forward and his family, the club said on Friday after the player's father revoked a confidentiality agreement.
The Brazil international's close-season move from Santos, which the Spanish club initially said was worth 57.1 million euros, is being investigated by a court for possible misappropriation of funds following a complaint from a Barca member.
Mr Sandro Rosell, who was named in the lawsuit but denies wrongdoing, stepped down as president on Thursday. He said he wanted to protect the club's image and alleged he and his family had been threatened.
Barca had been reluctant to reveal all the details of the deal, citing the confidentiality agreement, but after a board meeting on Friday, Mr Rosell's successor Mr Josep Bartomeu told a news conference Mr Neymar's father had given them permission to go public.