Thursday, 3 August 2017

La Liga Refuses To Accept Payment of Neymar's £198m Release Fee

Neymar’s lawyer, Juan de Dios Crespo, has attempted to pay the €222 million (£198m) required to release the Barcelona star from his contract - only to be rejected by the Spanish league.
According to Marca, Crespo headed up a delegation who attempted to pay the fee stipulated in Neymar's contract with Barcelona.

However, the LFP has refused the payment - confirmed by La Liga CEO Javier Gomez - as it is questioning PSG's Financial Fair Play credentials.

A statement from La Liga said:

 "Lawyers of the player have come to La Liga to deposit the clause and it has been rejected."
Neymar will now ask FIFA to provisionally confirm the transfer in order that he can make his debut at the weekend in the Ligue 1 opener against Amiens.
"We will not accept this money from a club like PSG," Liga president Javier Tebas told AS on Wednesday. "Especially when this club is infringing rules and laws."
Despite the resistance from La Liga, Neymar's lawyer has still taken a decisive step in the process of transferring the 25-year-old to Paris.

The €222m release clause was included in the contract Neymar signed less than a year ago, which apparently committed him to the club until 2021.

Financial Fair Play falls under UEFA's remit and Marca reports that there are no grounds for La Liga to refuse the deposit, meaning FIFA is likely to give the transfer approval.

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