Former Coritiba player loses farm due to debt with Neymar’s father

The São Paulo court gave former striker Zé Eduardo, who became known as Zé Love, 15 days to respond to a request from Neymar’s father to transfer a R$1.8 million farm to him. And he agreed to the change.

In response sent this Wednesday (11) to the Court, Zé Love stated that he agrees with both the assessment of the land valuewhich is worth R$1,865,000.00, as much as the property awarded by Neymar’s father.

Adjudication is a judicial act within the expropriation of assets, which aims to transfer possession of a seized asset from a debtor directly to the creditor, within a debt enforcement process.

The land in question is home to a ranch. The property was valued at R$1.8 million by the São Paulo courts and would be enough to guarantee the execution and, eventually, pay off the former striker’s debt to the father of his former Santos teammate.

Currently, Zé Love’s debt to the businessman is around R$841 thousand.

Neymar and Zé Love were champions of the 2011 Libertadores together in the Vila Belmiro team. At the time, the duo were very close friends.

The legal dispute between businessman Neymar and former athlete Zé Eduardo began two years ago. At the time, the father of the national team striker assumed a series of debts that Zé Love had with Banco do Brasil.

The operation cost R$1,038,000 – R$950,000 for the purchase and another R$88,000 in legal fees – and was accepted by Judge Mariane Cabral, of the 1st Judicial Court of Promissão, the city where Zé Love was born.

At the time, the purchase meant that Zé no longer had financial obligations that had been going on for years. There were at least six lawsuits against him for loans taken out with the bank, in addition to credit card debt and rural bonds, a form of credit used in agriculture. The column was unable to contact him to comment on the lawsuit.

Zé Love’s contract with Coritiba was not renewed in the past

Zé Love played for Coritiba in the 2014 season, having come on loan from Genoa in Italy. In total, the striker played 40 matches and scored eight goals, helping Coxa avoid relegation from the Brasileirão that year.

However, the player’s contract was not renewed for the following season due to his high salary. He subsequently transferred to Chinese football.

In 2023, Zé Love returned to Paraná football to wear the Cianorte shirt. In the State competition, the striker only played two games and scored only one goal for Leão do Vale.