Santos will receive 20 million reais (Brazilian currency) thanks to the transfer of Neymar to Al-Hilal, in Saudi Arabia. As his formation club, Santos is entitled to receive 4% of the total amount of the transaction, which is for about 90 million euros.
This sale represents the second time that Santos have received a large sum following the sale of Neymar to another team. When the player moved from FC Barcelona to PSG, Santos had already received around 33 million euros.
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Neymar began his career in the youth categories with Santos before making his professional debut in 2009, during the Paulista championship. He continued to play for the Brazilian club until 2013 when he transferred to FC Barcelona in Spain.
According to FIFA’s solidarity mechanism, Santos is entitled to receive 4% of all future deals involving Neymar. This speaks to the important role Santos played in developing the player’s talent. The funds received through this transaction will strengthen the infrastructure of the club and support the training of young talents for the future.
