CAS has made its final hearing in the case between Santos vs Barcelona for Neymar’s transfer.
Neymar moved to Barcelona from Santos back in 2013 – the transfer was a highly controversial one.
A CAS statement said: “The Court of Arbitration for Sport has dismissed the appeal made by Santos to FIFA in which the Brazilian club claimed payment of €61,295,000 in damages from FC Barcelona and the corresponding sporting bans with regards to the transfer of Neymar Jr.
“The CAS considers that the contract between Santos and the player was ended by mutual agreement, that FC Barcelona did not infringe any transfer agreement when it paid additional amounts to the father of the player and to the N&N company and that FC Barcelona did not behave in a fraudulent manner when it signed a pre-contract with Neymar Jr nor when it signed a transfer agreement with Santos.
“The CAS verdict compels Santos to pay FC Barcelona’s legal costs, a figure of 20,000 Swiss francs.”
Neymar currently plays for PSG and while there have been talks about the player returning to Barcelona, the club president Josep Maria Bartomeu has in all probability ruled out an exit.
“Such an operation is unlikely because the situation of all the clubs in Europe is very difficult,” Bartomeu told RAC 1.