NR Sports, the company owned by Neymar da Silva Santos Sr., father of football player Neymar Jr., has reportedly purchased the Pelé trademark. The information was reported by UOL journalists Pedro Lopes Guimar and Danilo Lavieri.

According to UOL, the deal was closed for USD 18 million, the equivalent of approximately BRL 95 million at the current exchange rate. However, neither party has officially confirmed the value.

The report states that the acquisition includes rights to use the Pelé trademark in various initiatives, though NR Sports has not yet detailed which projects may be launched following the purchase.

So far, neither Pelé’s representatives nor the family of the late football star have made any public comments regarding the transaction.