Brazil’s Neymar no longer faces jail, prosecutors drop all fraud and corruption charges

Brazilian investment firm DIS owned 40% of Neymar’s rights when he was at Santos. The company claims to have suffered monetary losses as a result of the 30-year-old’s move.

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Neymar has been named indicted in the case of former Barcelona presidents Josep Maria Bartomeu and Sandro Rosell. Former Santos president Odilio Rodrigues has also been implicated.

Prosecutors had asked for a five-year sentence for Rosell and a fine of 8. 4 million euros for Barcelona.

Neymar will appear next Monday, the last day of the trial, via videoconference.

“Believe in yourself and God will show you how you are,” Neymar said on Twitter.

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According to a court document published in July, Barcelona is accused of entering into negotiations with Neymar in 2011.

Barcelona reportedly paid him 40 million euros in a bid to ensure he would sign for the club when his contract with Santos expired in 2014.

“I think it’s exaggerated to provide 40 million euros per crime,” the prosecutor told ESPN.

Rosell tried to minimize the payment of 40 million euros before the rates were lowered.

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“It’s like when you buy an apartment and make a deposit. . . it will be worth having a long-term precedence over what you need to acquire,” the former Barcelona boss said.

DIS won €6. 8 million, representing 40% of the Brazilian player’s official play value of €17. 1 million.

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Neymar has denied all allegations.

Chantz Martin is a reporter for Fox News Digital.

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