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Thursday, August 3, 2017

Neymar Set To Seal World Record Move To PSG For £198m

Neymar is set to complete a world-record move to Paris Saint-Germain worth around £450m in fees and wages after telling Barcelona he is leaving.

PSG have given the go‑ahead for the forward’s buyout fee of €222m (£198m) to be handed over at the Spanish football federation offices, the protocol required to clear the transfer. Neymar, who flew to Porto on Wednesday for his medical, is expected to be presented in Paris this week.

On a dramatic day Neymar, accompanied by his father, who advises him, informed Barcelona at their training ground in the morning of his desire to go. The club responded by saying the release clause would have to be paid in full.

PSG had anticipated that and always intended to meet it. A five-year contract for Neymar has been waiting to be signed for several days.

The wages are understood to be around €30m a year after tax – equivalent to around £520,000 a week – almost doubling the player’s salary. Neymar Sr and others including the agent Pini Zahavi are due to share a €38m payment for facilitating the move.

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