Done! Neymar signs PSG deal to complete world record transfer, to be Presented to Fans on Saturday


Neymar Santos Jr. has completed his record-shattering transfer from Barcelona to Paris Saint-Germain, signing a five-year deal for a mind-boggling $263m and reputed weekly salary of $653,000.

The French club had triggered his 222 million euros ($263m) release clause for the deal to happen.

The 25-year-old Brazil forward, who will be presented to fans on Saturday, is committed to PSG until June 2022, the club said in a statement. Media reports have said he could earn around 550,000 euros ($653,000) per week.

“Today, with the arrival of Neymar Jr, I am convinced that we will come even closer, with the support of our faithful fans, to realising our greatest dreams,” Nasser Al-Khelaifi, PSG’s president, said on Thursday.

There is still controversy over the deal as both Barcelona and Spain’s La Liga are questioning whether the move complied with UEFA’s financial regulations, with the club saying they would report the deal to European football’s governing body.

But the deal has happened and Neymar Jr. is now a PSG player. He has become the most expensive player in the world.

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The Author

Chinenye Nwabueze

Nwabueze is a communication researcher with several years of lecturing experience in Nigerian universities.

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