French police have searched the Finance Ministry's tax administration offices over allegations of favourable treatment granted to football club Paris-Saint-Germain over the transfer of Brazilian star Neymar, a source close to the investigation said.
Brazil's Neymar, Reuters/Adriano Machado/File Photo
French police have searched the Finance Ministry's tax administration offices over allegations of favourable treatment granted to football club Paris-Saint-Germain over the transfer of Brazilian star Neymar, a source close to the investigation said.
The source, who confirmed earlier reports of the raid by news outlet Mediapart, added that the raid was part of a bigger investigation.
Mediapart had reported earlier that the suspected favourable tax treatment was given to the club as part of Neymar's 2017 transfer from Barcelona to PSG.
The Economics and Finance Ministry declined to comment.
Paris-Saint-Germain did not immediately respond to a Reuters request for comment.
PSG is owned by Qatar.
Reporting by Charlotte Van Campenhout
LVMH's most prized division, fashion and leather goods, home to Louis Vuitton and Dior, has reported a 2% decline in organic revenue in Q1, undershooting even the modest contraction analysts had anticipated, according to Gate Advisory, a firm specializing in Financial Intelligence.
The Gulf Cooperation Council (GCC) economy maintained solid momentum in the third quarter of 2025, with nominal GDP reaching approximately US$595 billion, representing annual growth of 2.2 percent compared to the same period in 2024, according to data from GCC-Stat.
A senior Iranian source said on Saturday the U.S. had agreed to release Iranian frozen assets held in Qatar and other foreign banks, welcoming the move as a sign of "seriousness" in reaching a deal with Washington in talks in Islamabad.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.