Jul 11, 2013, 4:18 PM EST
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.
Dec 19, 2014, 12:00 PM EST
Where and how to watch all the PL games during Week 17.
Dec 19, 2014, 11:38 AM EST
“He had to make a step back in his recovery,” said Southampton boss Ronald Koeman.
Dec 19, 2014, 10:50 AM EST
Villa Park hasn’t been a fortress for the Villans, and that’s underlined when bigger teams visit.
Dec 19, 2014, 10:10 AM EST
Sporting also added Hungarian striker Kristian Nemeth and Haitian mid James Marcellin.
Dec 19, 2014, 10:02 AM EST
Here’s how PST’s lead writer and editor sees things panning out this weekend.
Dec 19, 2014, 9:06 AM EST
Mangala on visitors to the Etihad: “Normally, teams that are coming here play more defensively.”
Dec 19, 2014, 8:05 AM EST
And to think, all it took was months and months of continuous anger and frustration from nearly everyone who wasn’t a part of FIFA itself.
Dec 19, 2014, 7:45 AM EST
FIFA rankings… what a riot!
Dec 18, 2014, 11:50 PM EST
Luke Shaw is ready to make his return after nearly a month out of action.
Dec 18, 2014, 10:21 PM EST
Mix Diskerud is on the move, and he may be headed south of the border.
Dec 18, 2014, 9:14 PM EST
Chicharito isn’t getting games for Real Madrid, but his agent insists he won’t end his loan deal early.
Dec 18, 2014, 7:46 PM EST
It may be 14 years after the fact, but Paul Scholes is owning up to his fault in one of the greatest goals of all-time.
Dec 18, 2014, 6:20 PM EST
Inspired by Monday’s loss, the USWNT were out for vengeance — and goals — against Argentina.
Dec 18, 2014, 4:36 PM EST
Find out who went where in Stage 2 of the MLS Re-Entry Draft on Thursday.
Dec 18, 2014, 3:00 PM EST
As we head into the busy festive season, here’s how the rankings of power look before Week 17.
Dec 18, 2014, 2:46 PM EST
Winger set to return to full training, may return to action this Sunday at Anfield.
Dec 18, 2014, 2:11 PM EST
Germany end 2014 on top, as the USMNT sit steady inside the top 30.
Dec 18, 2014, 1:26 PM EST
Balotelli will now miss Liverpool’s match against Arsenal this weekend.
Dec 18, 2014, 12:45 PM EST
Rogers worries about anti-gay laws in Russia, Qatar during World Cup tournaments.
Dec 18, 2014, 11:46 AM EST
Scunthorpe win 14-13 on penalty kicks… really?
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