PSG sign Barcelona forward Neymar for world record 222 million euros

first_imgPARIS St-Germain (PSG) have signed Brazil forward Neymar for a world record fee of 222 million euros (£200M) from Barcelona.The deal for the 25-year-old smashes the previous record set when Paul Pogba returned to Manchester United from Juventus for £89M in August 2016.Neymar will earn 45 million 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.Barcelona told French club PSG they must pay the transfer fee “in full”.A LATE SNAG?After weeks of speculation, Neymar arrived for training with Barcelona on Wednesday with his father and representative, and told the Spanish club he wanted to leave.He was then given permission by Barca manager Ernesto Valverde to leave to “sort out his future”.In Spain, a release clause can only be activated by a player buying himself out of his contract.But when Neymar’s lawyers attempted to make the deposit yesterday, La Liga officials rejected the payment. Further statements followed from all sides as the negotiations continued.La Liga believes PSG are violating UEFA’S Financial Fair Play (FFP) rules and Barcelona previously said they would report PSG to European football’s governing body UEFA for a FFP breach.PSG believes La Liga was acting unlawfully, while the French league (LFP) said it was “surprised” and urged its Spanish counterpart to “abide by the FIFA rules”.So later yesterday, Neymar’s representatives paid the 222 million euros (£200M) fee at Barca’s offices instead.FFP rules, first implemented during the 2011-12 season, stipulate that European clubs cannot outspend what they earn by more than 30 million euros.PSG is backed by money from Gulf state Qatar and La Liga president Javier Tebas has accused the French club of “financial doping”.Neymar joined Spanish giants Barca in 2013 and has won two La Liga titles and one Champions LeaguePSG reached the last eight of the Champions League last season – knocked out by a Neymar-inspired Barcelona – and were beaten to the French title by Monaco.last_img

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