Barcelona, the four-time European soccer champion, said it paid 13.6 million euros ($18.7 million) to Spanish tax authorities today to cover a possible shortfall when it signed Brazilian player Neymar.
Barcelona, which added World Cup top scorer David Villa this offseason, is negotiating a 150 million- euro ($188.6 million) bank loan after falling behind with salary payments to players. The soccer club denied it’s bankrupt.
A public prosecutor asked a judge to investigate whether Barcelona, the four-time European soccer champion, deceived the Spanish treasury when it hired Brazilian player Neymar, according to court documents.
FIFA lawyers are working to shut down a tax-avoiding structure used in the transfer of dozens of Brazilian soccer players, including a recent Real Madrid signing, two people with direct knowledge of the situation said.