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Neymar told to pay $53 million for tax evasion

19 March 2016 04:19 (UTC +04:00)

Baku-APA. Brazilian court has ordered Neymar to pay 188.8 million reais (53 million US dollars) in back taxes, interest and fines after finding him guilty of tax evasion, APA reports quoting Xinhua.

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, the Folha de S.Paulo newspaper reported.

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

According to the judge's finding, Neymar used a front company to avoid paying 63.6 million in taxes.

The decision came just weeks after a Brazilian court freezed 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.

The Brazil national team captain and his father, Neymar Sr, are also facing fraud allegations in Spain related to the forward's 2013 move to the Camp Nou from Santos.