With Neymar’s world record move from Barcelona to PSG just one of a host of big-money soccer transfers this summer, Fladgate’s Alan Wetterhahn and James Earl explain the legal processes that make a deal happen.
The numbers are mind-boggling. And that was the case even before Paris Saint-Germain paid a world record fee of €222 million for the Brazilian superstar Neymar Jr. And it is so far so good for the forward, who has scored three goals in the two matches he has played for his new club.
Who said money can’t buy you love?
When any business pays for any asset – and, make no mistake, Neymar is an asset in many senses of the word – the paperwork is sure to follow and it is no different in football where the amounts involved are getting larger every year.