Neymar told to pay $53 mn for tax evasion

Rio de Janeiro, March 19 (IANS) A Brazilian court has ordered Neymar to pay 188.8 million reais ($53 million) in back taxes, interest and fines after finding him guilty of tax evasion.

A judge at a federal court in Rio de Janeiro ruled that Neymar failed to declare earnings from his current club Barcelona, former club Santos and sponsor Nike, Xinhua newa agency reported citing the report of Folha de S.Paulo newspaper.

The 24-year-old is expected to appeal the decision.

The decision came just weeks after a Brazilian court had frozen assets belonging to Neymar worth 192.7 million reais, including a private jet, yacht and several properties.

Neymar’s representatives did not immediately respond to requests for comment.