Neymar was ditched by Nike for refusing to cooperate with an inquiry into accusations he tried to force one of its staff to perform a sex act him, the sportswear giant has claimed.
The world's most expensive player took to Instagram to call the company a "liar" following the explosive allegation, while his father accused it of "blackmail".
Neymar was previously accused of rape by another woman in 2019 in a case that was dropped over a lack of evidence.
Nike, which split from the 29-year-old in August having signed him when he was just 13, said it had "commissioned an independent investigation" after one of its employees complained he had tried to force her to perform oral sex in a New York hotel room in 2016.
It added: "Nike ended its relationship with the athlete because he refused to cooperate in a good faith investigation of credible allegations of wrongdoing by an employee."