Brazilian Court Freezes Neymar's Assets

A Brazilian court has frozen assets of Neymar, his family and related businesses valued at 188.8 million Brazilian reals ($48 million, €42 million), have been frozen by a Brazilian court for allegedly evading payment of 63 million reals in Brazil taxes (almost $16m or €14m) between 2011 and 2013.

According to Judge Carlos Muta on Friday, the 23-year-old Barcelona forward only declared assets worth 19.6 million reals (a little less than $5m). Iagaro Jung Martins, an auditor with Brazil’s federal tax agency however said that Neymar may escape jail if he pays what he owes. 

Companies frozen by the court include: Neymar Sr., Neymar Sport e Marketing, N & N Consultoria Esportiva e Empresarial and N & N Administração de Bens Participações e Investimentos.