LFP clear Barcelona of misconduct in Neymar signing

The Economic Control Committee of the Spanish football association have found there has been no misconduct from the Catalan club in the transfer

Barcelona have announced they have been cleared by the Liga de Futbol Profesional (LFP) of any wrongdoing in the signing of Neymar.

The transfer is still being investigated by the Spanish High Court due to contradicting statements from the Catalan club about how much they paid for the Brazil international. 

The Catalan giants were charged with tax fraud following the revelation that €40 million of the transfer fee had been paid to his parents. They later made a "complementary tax declaration" of over €13m and were forced to deny reports suggesting they had offered the money to put an end to the case.

The controversy escalated even further when Sandro Rosell stepped down from his role as club president after being accused of the misappropriation of funds involved in the deal.

However, the LFP - the association responsible for governing the top two professional leagues in Spain - has confirmed that they have not found any wrongdoing after their investigation into the matter.

The statement on the club's website read: "FC Barcelona wish to express their satisfaction at the resolution of the Economic Control Committee of the Liga Nacional de Futbol Professional (LFP) that there is no existence of any irregular conduct committed by FC Barcelona in the signing of Neymar Jr.

"The Committee met last Wednesday, April 23rd and its decision was published last Friday. According to the committee: "in view of the appeal made to the LFP by FC Barcelona, there is no evidence of any irregular conduct committed by the Club which would have infringed the rules and regulations of the LFP. As a result of this, no further action in this matter will be taken."

The statement continued: "The Economic Control Committee of the LFP ordered FC Barcelona to provide a series of documents in February and having analysed them in full has reached the decision that there were no irregularities whatsoever by the Club in the signing of Neymar Jr.

"In a spirit of transparency, FC Barcelona would like to place on record its complete willingness to continue to provide the committee with any further information related to the signing."