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No wonder the PSG gave Neymar's transfer to the code name of "Gold": the Football Leaks documents, obtained from Der Spiegel and analyzed by Mediapart and its EIC partners, reveal the little secrets and in particular the large numbers of this extraordinary operation.
His salary: 30 million euros after tax
Mediapart confirms the figure circulating at the time of the signing of Neymar for five years, August 3, 2017, a salary of 30 million euros "net net" – that is to say after the payment of social contributions and income tax In detail, the salary accepted by the PSG (initially the club had initially proposed 25 million euros) includes a fixed amount of 25.5 million euros and, as indicated Thursday evening at Envoyé Spécial, an ethics award of 4, € 5m. This means that Neymar is committed to respecting the values of the club, otherwise all or part of this bonus will be withdrawn. The documents show that it is conditioned on ten criteria of whichthe duty to greet and thank the fans before and after each meeting".
Its agents: an additional cost of € 21.4 million
Down at Barça for € 222m (the amount of the transfer clause established by the Catalan club), the transfer of Neymar also cost the PSG commission of € 10.7 million for each of his two agents, his father Neymar Jr the Israeli Pini Zahavi. This duo gives "cold sweatsAt PSG, says Mediapart. Because the club is criminally liable if it does not pay the French tax authorities a withholding tax on commissions paid to the two intermediaries or if it can not demonstrate a tax payment in their country of origin. tax residence.
But the agents drag their feet to provide certificates of tax residence. Zahavi wanted to be paid through a company in Malta and Cyprus, but the PSG fears overly exotic payments (Malta) and thus an inextricable double tax residence (Israel and Cyprus), and threatens not to pay him a third of the money. money, the equivalent of the withholding tax. Neymar Jr also wanted to remove this fiscal clause. The former finally provides a certificate of tax residence in Israel, the latter chooses to deduct from its amount the amount of the payment at source from the PSG.
His image: hard in business
The Football Leaks are putting money on some of the 30 sponsorship contracts of Neymar, one of the most bankable sportsmen on the planet: € 930,000 a year with Police glasses, € 869,000 a year with Sabritas chips (for the territory only) Mexican), and, tassel, € 550,000 for a four-hour recovery in Barcelona for a Toyota model.
Above all, in the contract signed with the PSG, the player's advisers do not give up: "The club has no right to sponsor its individual image, even when the player wears the club shirt", writes Mediapart. This complicates the PSG's task of making the total cost of the transfer profitable (€ 252m, including agents' commissions and the solidarity contribution of its training club) and its "net net" salary for the club (about 55M). €).
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Its effect on recipes: weak for the moment
Mediapart summarizes the economic equation of PSG: in order to balance the costs of Neymar and Kylian Mbappé, it is necessary to generate about 165 million euros of new income in the year. According to Footbal Leaks' documents, the "star" effect works in part: derivative revenues rise by 50% in 2017-2018, from 35 million to 55 million euro, and ticket sales increase of 10 million euros. But the crucial negotiations with the Nike equipment manufacturer and the Emirates sponsored jersey for a re-evaluation of their contracts (they pay about 25 million euros a year) are unsuccessful.
Nike, whose contract lasts until 2022, responds drastically to the club that its demand – 100 M € in the year! – "does not correspond to the market value"And even by reducing its claims to € 60 million, the club cancels a new rejection, but it is partly in line with the launch of a Nike / Jordan range that could yield € 15 million according to the Parisian. The other negotiations conducted in the same period – October 2017 – culminates in a stalemate as the Dubai airline, to which the PSG claims € 90 million, invokes "a more realistic approachBefore "decline the renewalOf the contract that ends in June 2019.
Asked by Mediapart, Jean-Claude Blanc, number two of the club, dismounts: "We will increase ticket sales, sponsorship, merchandising, renegotiate the Nike contract, we will renegotiate the shirt contract (…). The revenue curve rises gradually. TV rights will increase in two years (…)"
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