Thursday, May 23, 2024

Soccer star Neymar Jr. has his assets frozen

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By Anthony Caruso III | Publisher

According to Brazilian authorities, they’ve blocked assets belonging to soccer star Neymar Jr. These items include a yacht, a jet and several other properties.

The Sao Paulo court issued warrants to freeze the assets, which are reportedly worth a 192 million reals or $50 million in the United States.

Barcelona star Neymar Jr. reacts during the La Liga match between FC Barcelona and Atletico de Madrid
Neymar Jr. reacts during the La Liga match between FC Barcelona and Atletico de Madrid (Photo by Manuel Queimadelos Alonso/Getty Images)

This is related to Neymar Jr. and his family were found guilty in evading 63 million reals or $16 million in the U.S.A. between 2011 to 2013. During this time, Neymar Jr. played for Santos — and he also denies any wrongdoing.

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In September 2015, the courts froze the assets and his appeal was rejected last week. In January, according to reports, Neymar Jr., along with his father, were ordered to pay E100,000 as a fine for unpaid taxes in 2007 and 2008.

Iagaro Jung Martins told The Associated Press that Neymar Jr. would not go to jail if he pays what he owes. Martins is an auditor with Brazil’s federal tax agency.

“He can still appear that decision, but it is a step forward,” Martins said. “Nothing changed to what was in place last year: if he pays what he owes, the case is closed. Our legislation isn’t too harsh.”

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Earlier this month, according to reports, he was in a court in Spain for “matters related to his transfer from Santos to Barcelona” in 2013.

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Anthony Caruso III
Anthony Caruso III
Anthony Caruso III is the Publisher of The Capital Sports Report. He has been in the Journalism field since August 2002. Since that time, Mr. Caruso has covered many marquee events. This includes 13 Heisman Trophy ceremonies, 2 Little World Series events, and one Army-Navy College Football game.
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