Jul 11, 2013, 4:18 PM EDT
Neymar caught plenty of the limelight with his high-profile switch from Santos in Brazil to Barcelona.
Only now peeking through is how little Santos really benefitted.
Barcelona’s reported €57 million ($74.7 million) transfer fee has found its way mostly into the pockets of the agents, including Neymar’s father Neymar da Silva Sr.
According to Spanish paper AS, which published images of the contract, of the €57 million Barcelona paid for Neymar, €39.9 million ($52.3 million) went directly to the agents, including Neymar’s father, leaving just €17 million ($22.3 million) to Santos. Then, Santos had to pay €7.65 million ($10 million) to an investment group who partially owned Neymar’s rights.
That leaves just €9.35 million ($12.3 million) to the club, a measly 16.4%.
One of the largest players representative firms in the world, FIFPro, has taken notice. Secretary General of FIFPro Theo van Seggelen tweeted “third party ownership damages football” and “financial transparency in football is crucial to safeguard the sport.”
It’s a huge loss for Santos, who basically received pennies on the dollar for their most prized asset, with basically nothing they could do about it. In that sense, van Seggelen makes an entirely valid point. Agents lined their pockets, Neymar made his move to the world’s biggest stage, and his former club are left to lick their wounds.
Oct 24, 2014, 12:17 AM EDT
Previewing the last weekend of full-tilt MLS competition.
Oct 23, 2014, 11:06 PM EDT
Lille and Nigeria goalkeeper Vincent Enyeama thinks it would be dangerous to hold the Africa Cup of Nations with the Ebola outbreak.
Oct 23, 2014, 10:22 PM EDT
Brazil’s national football team has a new code of conduct under manager Dunga.
Oct 23, 2014, 8:57 PM EDT
Wonderful touch and power utilized on a first-class goal from Tottenham Hotspur midfielder Erik Lamela.
Oct 23, 2014, 8:20 PM EDT
Harry Kane notched a hat trick in Tottenham’s Europa League victory over Asteras Tripoli, and he then found himself manning the goal as a netminder following a Hugo Lloris red card.
Oct 23, 2014, 6:55 PM EDT
Lille and Everton played to a 0-0 draw at Stade Pierre-Mauroy in Europa League group stage competition.
Oct 23, 2014, 5:43 PM EDT
Manchester City’s Frank Lampard could be fit to play against West Ham in Premier League competition on Saturday.
Cristiano Ronaldo on El Clasico: ‘I won’t be playing against Messi. I’ll be playing against Barcelona.’
Oct 23, 2014, 4:53 PM EDT
“I won’t be playing against Messi — I’ll be playing against Barcelona,” says Ronaldo, concerning his duel with Barcelona’s Lionel Messi.
Oct 23, 2014, 3:45 PM EDT
Liverpool manager Brendan Rodgers likes what Mario Balotelli has to offer, but he’s unsure if the forward will last a while at Anfield.
Oct 23, 2014, 3:15 PM EDT
Will the Blues lose their first game of the season away at Old Trafford on Sunday? JPW and Prindi analyze that and more.
Oct 23, 2014, 2:30 PM EDT
Little Eddie won’t have a say in who he supports, but it’s all for a good cause.
Oct 23, 2014, 1:44 PM EDT
Free agent Valdes arrives to “train with the first team” at United.
Oct 23, 2014, 1:12 PM EDT
Gulati: “Jurgen is our coach and technical director, and I fully expect that to be the case through to the 2018 World Cup.”
Oct 23, 2014, 11:45 AM EDT
With Costa struggling to make the bench, plus Remy out, Chelsea are running out of strikers.
Oct 23, 2014, 11:04 AM EDT
Howard: “I know what he likes to do, but that doesn’t mean I will always be capable of stopping him.”
Oct 23, 2014, 10:22 AM EDT
Atlanta Falcons owner urges Beckham to link up with Miami Dolphins to sort out MLS stadium mess.
Oct 23, 2014, 9:36 AM EDT
A gang of 100 local men reportedly ambushed Everton fans outside city center pub.
Oct 23, 2014, 9:00 AM EDT
Will Saints swoop to sign former Liverpool star?
Oct 23, 2014, 8:34 AM EDT
Liverpool’s players react to Real Madrid humbling, as growing pains continue to spiral out of control.
Oct 23, 2014, 7:54 AM EDT
After two draws in October, the USA drops six places in latest world rankings.
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