Paris Saint-Germain have announced the signing of FC Barcelona winger Neymar Jr. The Brazilian has signed for a world record fee €222m.
The deal for the 25-year-old smashes the previous record set when Paul Pogba returned to Manchester United from Juventus for €105m in August 2016.
Neymar will earn €45m a €865,000 euros a week – before tax from the initial five-year deal.
Late doubts about the move had been raised earlier on Thursday when La Liga refused to accept the €222m payment from PSG to trigger the clause, forcing Neymar’s legal team to travel to Barcelona to make the payment directly to the club.
Barcelona then confirmed that Neymar’s contract had been terminated, and a few hours later, the Ligue 1 announced the most expensive transfer ever.
A presentation is planned for Friday and it is possible he could debut in PSG’s Ligue 1 opener at home against Amiens on Saturday.
“I am extremely happy to join Paris Saint-Germain,” Neymar said in a statement after signing his contract. “Since I arrived in Europe, the club has always been one of the most competitive and most ambitious. And the biggest challenge, what most motivated me to join my new teammates is to help the club to conquer the titles that their fans want.
“Paris Saint-Germain’s ambition attracted me to the club, along with the passion and the energy this brings. I played four seasons in Europe and I feel ready to take the challenge. From today, I will do everything I can to help my new teammates, to open up new horizons for my club and to bring happiness to its millions of supporters around the world.”
It is reported Neymar and his father will also profit from a number of club owners Oryx Qatar Sports Investments’ other commercial ventures in Paris and outside of the footballing world.
“It is with immense joy and pride that we welcome Neymar Jr to Paris Saint-Germain,” PSG president Nasser Al-Khelaifi said. “Neymar Jr is today one of the very best players in world football. His winning mentality, strength of character and sense of leadership have made him into a great player.
“He will bring a very positive energy to this club. In six years, we have built a very ambitious project that has already taken us to the highest level of national and European football.
“Today, with the arrival of Neymar Jr, I am convinced that we will come even closer, with the support of our faithful fans, to realizing our greatest dreams.”
Neymar helped Barca win one Champions League, two La Liga titles and three Copa del Rey’s as well as one FIFA Club World Cup, one UEFA Super Cup and one Spanish Super Cup during his four-year stint in Catalonia.He scored 105 goals across all competitions for the Catalan giants.