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.
Aug 1, 2014, 1:03 AM EDT
A nine-match weekend sees MLS return to NBC, with NBCSN set to broadcast games in Kansas City, San Francisco.
Jul 31, 2014, 10:07 PM EDT
Manager remains insistent the Spanish international will stay at Stamford Bridge.
Jul 31, 2014, 9:03 PM EDT
Successful procedure marks the end of John’s 2014 hopes.
Jul 31, 2014, 8:12 PM EDT
De Laurentiis confirms the partenopei’s interest in the afro-laden star.
Jul 31, 2014, 7:22 PM EDT
Toe injury to sideline the U.S. international for an estimated 10 games.
Jul 31, 2014, 6:31 PM EDT
No. 1: Eddie Johnson. No. 2: These new-fangled rules.
Jul 31, 2014, 6:02 PM EDT
Young Americans set to blaze trail in La Liga academies.
Jul 31, 2014, 5:39 PM EDT
San Lorenzo is in Copa’s finals, but Piatti is unlikely to join them.
Jul 31, 2014, 5:14 PM EDT
Two players who spent plenty of time on the sidelines last season are pushing to be integral parts of Manuel Pellegrini’s plans.
Jul 31, 2014, 4:42 PM EDT
29-year-old Argentina arrives from Tigre, becoming the club’s third Designated Player of all-time.
Jul 31, 2014, 4:10 PM EDT
Everton’s frugality gave way to necessity. Is Lukaku worth it the serious cash they splashed?
Jul 31, 2014, 3:21 PM EDT
Remember when Marco Reus, Dries Mertens and Leighton Baines solidified Manchester United’s status in Europe? Us neither.
Jul 31, 2014, 2:56 PM EDT
Cristiano Ronaldo and Christopher Renzi are looking horns over the CR7 trademark.
Jul 31, 2014, 2:25 PM EDT
Guillermo Ochoa starred in the 2014 World Cup for Mexico, and now will try to fill Willy Caballero’s shoes at Malaga.
Jul 31, 2014, 2:08 PM EDT
As deadly virus continues to spread, the Seychelles refuse to let Sierra Leone travel for qualifier.
Jul 31, 2014, 1:50 PM EDT
Seydou Keita has left Barcelona, but being in a different league has not stopped the animosity between the AS Roma midfielder and Real Madrid’s Pepe.
Jul 31, 2014, 1:27 PM EDT
Gerrard: “With all due respect to them, I said to Suarez that he was too good for Arsenal.”
Jul 31, 2014, 1:02 PM EDT
Bayern Munich chairman Karl-Heinz Rummenigge said several Premier League teams had interest in 19-year-old American striker Julian Green.
Jul 31, 2014, 12:26 PM EDT
Ching said his former USMNT teammate needs incentive-laden contracts to thrive, while Johnson claims Ching is jealous.
Jul 31, 2014, 11:42 AM EDT
Jermaine Jones is not the only US midfielder rumored to come home, while two Red Devils are tipped for Madrid.
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