Neymar, his parents and two of Barcelona’s executives should stand trial for alleged corruption, Spain’s high court said on Monday as it ended a fraud investigation into the Brazil forward’s transfer to the Catalan club.

The case stems from a complaint by a Brazilian investment group, DIS, which owned part of Neymar’s transfer rights and which alleges it received less money than it was entitled to.

The investigating magistrate, José de la Mata from Spain’s high court, said in a written ruling that the prosecution had 10 days to decide to go ahead or withdraw their claim – a formality that normally precedes the launch of a trial.

Barcelona and the 24-year-old’s former club in Brazil, Santos, have come under scrutiny for the way the transfer was completed in 2013. Investigations have also centred on whether Barça concealed an initial contract to poach the player two years earlier, in 2011.

DIS owned 40% of Neymar’s sporting rights when the player’s transfer to Barça went ahead and claims Barcelona hid the real fee and kept it out of the loop in their dealings.

The club, which has already agreed to pay €5.5m (£4.9m) to Spanish tax authorities in relation to the case, had said they paid €57.1m for Neymar but later said the cost was nearer €100m.

The Spanish court said it was proposing that Neymar, his father-cum-agent Neymar Da Silva Santos and his mother Nadine Goncalves, a 50% shareholder of the family company N&N, be tried on a corruption charge. It also recommended Barça’s chairman, Josep Maria Bartomeu, his predecessor Sandro Rosell and the club should also stand trial for corruption and fraud.

Santos and its former chairman Odilio Rodrigues may also have committed fraud, it said.

Barcelona could not immediately be reached for comment. Neymar and his family have previously denied wrongdoing.