Neymar transfer to Barcelona 'upheld' by CAS, Santos' appeal turned down

In what comes as a major relief to Barcelona, Court of Arbitration for Sport (CAS) has dismissed Brazilian side Santos FC's appeal against Catalan giants involving transfer of Neymar Jr in 2013. Santos had filed an official complaint with FIFA against Barcelona, claiming dams worth €60 million ($67 million) in relation to famous Neymar transfer to Camp u. 

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Barcelona did t breach any rule in Neymar transfer: CAS 

Santos had levelled allegations against Barcelona claiming that Catalan giants had violated rules by paying additional amounts to Neymar Santos Sr and  family company N&N. However, se allegations were deemed baseless by CAS, which prounced judgement in Neymar transfer on Tuesday, claiming that Barcelona did t breach any rule during transfer. 

CAS statement confirmed that it had dismissed an appeal from Santos pertaining to Neymar transfer to Barcelona in 2013. statement also revealed that Brazilian club had demanded a sort of ban with regards to breach in transfer negotiations. CAS has, in fact, asked Santos to pay 20,000 Swiss francs ($22,000), labelling it as legal cost for Barcelona. CAS asserted that Barcelona did t violate any law by paying an additional amount to Neymar's far. statement also confirmed that Barcelona did wrong in signing a pre-contract agreement with winger, r was Neymar transfer contract fraudulent.

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Bartomeu rubbishes Neymar to Barcelona rumours 

CAS verdict comes at a time when reports of Neymar transfer to Barcelona are doing  rounds. Despite frequent reports suggesting a return to Camp u for Brazil international, Barcelona president Josep Bartomeu on Tuesday asserted that his signing was nigh impossible. While speaking to RAC 1, Bartomeu asserted that Neymar transfer to Barcelona seems like an impossible operation at moment because of financial difficulties of clubs across Europe. 

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Second verdict in favour of Barcelona

Neymar had earlier sued Barcelona to tune of €43.6 million ($49 million) in loyalty bonuses. However, a Spanish court ruled in favour of Barcelona.  Catalan giants n filed a countersuit against PSG star demanding return of €8.85 million ($9.9 million) that he received as a signing bonus when he extended his contract in 2016. Spanish court also agreed with claims put forward by defending LaLiga champions and ordered Brazil international to repay amount to his former club. 

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Im courtesy: AP