FC Barcelona has finally ended its legal battle with former player Neymar Jr., who is currently playing for Paris Saint-Germain. The club announced on Monday that they had reached a “friendly” deal with the player.
The long-running legal battle between Neymar and his former employers began almost as soon as he left Camp Nou to join the PSG. Brazil broke the record of moving from Catalonia to the French capital in 2017 in a 222 million deal.
The transfer fee was clear, but the image rights and bonus dispute led to a lengthy court case that further strengthened the relationship between the player and his former club. In fact, the legal battle is believed to have played a role in preventing the club from approving a sensational return to Brazil, even if Lionel Messi was advocating for it.
At the moment Barcelona are struggling for their finances, it seems that the return is not more likely than before. Neymar has also agreed to extend his contract with Lego 1, citing any speculation of a possible return to his old stomping ground.
Baligrana has shared the good news of an out-of-court settlement on her official website and social media pages. According to the statement, labor and civil cases have been settled with the former Barcelona star.
The statement said Neymar and the club had a “transactional transaction agreement to end legal proceedings pending between the two parties: three claims focused on Labor’s jurisdiction and one civil action.”
The exact amount of the settlement was not disclosed, and Barcelona may have kept the information secret. The club will eventually be relieved to end the problem, but the already cash-strapped club will suffer a financial blow.
In recent months, it has been widely reported that the Catalan giants owe more than a billion euros. They are working to reduce their wage bill this summer, so that it can be made under the allowable pay cap, which is in line with the rules of La Liga Santander’s financial fair play.