Sports

Paris Saint-Germain announce signing of Neymar from Barcelona

385

Paris Saint-Germain confirmed the signing of Neymar from Barcelona for a world-record €222 million fee after activating the Brazil international’s buyout clause on Thursday.

Neymar, 25, has been the subject of intense speculation all summer and has finally put pen-to-paper on a 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 French club announced the most expensive transfer ever — more than doubling Manchester United’s €105m capture of Paul Pogba from Juventus last year.

“I am extremely happy to join Paris Saint-Germain,” Neymar said in a statement after signing his contract. He also released a lengthy farewell message to Barcelona on social media.

“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.”

A source has told ESPN FC that Neymar will be paid around €30m per year after taxes and has been handed a major signing bonus in excess of his net annual sum.

Neymar’s €222 million (£198m) release clause was supposed to be prohibitive, but PSG have paid it. And that begs the question: who else might be ripe for a mega transfer?

Leave a comment

Related Articles

Know athletes representing Nigeria at Paris 2024 Olympic Games

A team of 84 Nigerian athletes are to represent the nation in...

Just in: Paris 2024: Brazil beat the Super Falcons in opening game

Super Falcons of Nigeria have lost to Brazil in their opening game...

Paris 2024: Snoop Dogg to carry Olympic flame

American legendary rapper Snoop Dogg will be among the torchbearers carrying the...

Paris 2024: Super Falcons ready for podium finish at Olympics – Asisat Oshoala

Despite being in a tough group, Asisat Oshoala boasted that the Super...

Paris 2024: Two Canadian soccer team’s coaching staff deported over drone-spying scandal

After New Zealand informed police about the use of a drone to...

Paris 2024: D’Tigress unveils final Olympic squad list

The Nigeria Basketball Federation (NBBF) has unveiled the final 12-player roster for...

Paris 2024: Team Nigeria’s domestic, foreign camping allowances cleared, says sports minister

With just three days to the kickoff of the 2024 Olympic Games...

Paris 2024: La Lakers superstar LeBron James named the US Olympic flag bearer

NBA superstar LeBron James has been selected as the male flag bearer...

AFCON Beach Soccer: Victorious Supersand Eagles set to return to Nigeria on Tuesday

By Monday midnight, Nigeria’s Supersand Eagles, who stunned hosts Mauritania 5-4 in...

Paris 2024: D’Tigress fall to Serbia in pre-Olympics friendly

The Nigeria Senior Women’s Basketball team, D’Tigress, slumped to a second consecutive...

Davis Cup: Nigeria defeat Cote d’Ivoire, brighten promotion chances

Team Nigeria bounced back from a disappointing 0-3 loss to Namibia on...

Spain’s Álvaro Morata leaves Atlético Madrid for AC Milan

Alvaro Morata, the 31-year-old, signed for AC Milan from Atletico Madrid on...

Fans stunned by Mbappe’s “perfect” Spanish at his unveiling as Real Madrid player

Kylian Mbappe’s “perfect” Spanish during his Real Madrid debut has stunned fans....

Abuja 2024: Sports Minister Enoh declares Davis Cup qualifiers open

The Minister of Sports Development, Sen. John Enoh, has called on the...

Just in: Gareth Southgate resigns after England’s Euro 2024 loss

Two days after his club suffered a defeat by Spain in the...

Paris 2024: Super Falcons tackle Olympic champions Canada in a friendly July 17

The Super Falcons are scheduled to face Olympic champion, Canada, in an...

NFF Pres. Gusau pledges continued support for women’s football at all levels

Alhaji Ibrahim Gusau, President of the Nigeria Football Federation (NFF), has stated...

Argentina beat Colombia 1-0 to win Copa America

Argentina claimed its third straight major title with an extra-time victory over...

Spain pip England 2-1 to lift Euro 2024 trophy

Indomitable Spain won their fourth European Championship title after beating 2-1 England...