Paris Saint Germain have completed the signing for Neymar from Barcelona for a world record fee of 222m euros (£200m) .
The deal smashes Paul Pogba’s £89m move from Juventus to Manchester United in August 2016, and by a large margin for that matter.
The 25-year old Brazilian had been linked with a move away from Camp Nou all summer and has finally signed the dotted lines in a five-year deal with the Ligue 1 side.
Eyebrows were raised earlier on Friday when La Liga authorities turned down the the €222m payment from PSG to trigger the player’s release clause. However, Neymar’s representatives had to travel to Barcelona to lodge the cheque directly with the club.
With the Catalan club confirming the payment, PSG wasted no time in announcing the biggest transfer of the summer, with a presentation scheduled for 1:30 p.m. local time at the Parc des Princes on Friday.
In a brief statement after the agreement, Barca said: “The club will pass on to UEFA the details of the above operation so that they can determine the disciplinary responsibilities that may arise from this case.”
The former Santos man will earn a whopping 45m euros (£40.7m) a year – 865,000 euros (£782,000) a week – before tax from the initial five-year deal, a total outlay of £400m.
An excited Neymar said he has joined “one of the most ambitious clubs in Europe,” in a statement.
“I am extremely happy to join Paris Saint-Germain,” he said.
“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.”
Neymar, who inspired the Blaugrana to one of the biggest comebacks in UEFA Champions League game against PSG last season will don the No. 10 at the club. Javier Pastore, who wore PSG’s No. 10 last season, gladly gave up the number and chose to return to his previous No. 27.
“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.”
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