February 20, 2017 / 3:47 PM / 6 months ago

Neymar, Barca, Santos to stand trial after losing appeals

Football Soccer - Brazil team training - World Cup Qualifiers - National Stadium, Lima, Peru, 14/11/16. Brazil's national soccer team player Neymar attends a training session in preparation for their qualifying match against Peru.Guadalupe Pardo

MADRID (Reuters) - Neymar, Barcelona and Santos will stand trial on fraud and corruption charges over the transfer of the Brazilian forward after their appeals were turned down by Spain's High Court on Monday.

Neymar's mother Nadine Goncalves and the family company N&N also had appeals rejected.

"Santos FC, Barcelona FC, Neymar, his mother Nadine Goncalves and N&N, the family company, have lost their appeals to have charges of fraud and corruption dropped," the High Court said in a statement.

They cannot appeal against the Court's decision.

The case stems from a complaint by Brazilian investment group DIS, which owned part of Neymar's transfer rights and alleges that it received less money than it was entitled to when Neymar joined Barcelona from Santos in 2013.

Investigations were carried out in Spain and Brazil into whether any part of Neymar's transfer fee had been concealed when he moved to Barcelona from Santos.

Reporting by Adriana Garcia, editing by Ed Osmond

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