Paris Saint-Germain have smashed the world transfer record by completing the €222 million signing of Neymar from Barcelona.
Neymar, 25, has been the subject of intense speculation all summer and has finally put pen-to-paper on a five-year deal.
And after weeks of denials, mixed messages and reports, he has finally been confirmed as the Ligue 1 club’s latest signing on Thursday night.
“Paris Saint-Germain are very pleased to announce the arrival of Neymar Jr,” the Parisiens said in a statement on their official website.
“The Brazilian attacker signed a five-year contract in the presence of club and player representatives. Neymar Jr is now tied to the club of the capital until June 30, 2022.”
A presentation is planned for Friday, a source told ESPN FC, and it is possible he could debut in PSG’s Ligue 1 opener at home against Amiens on Saturday.
The fee, equivalent to Neymar’s buyout clause, shatters the existing record of €105m, set last year by Paul Pogba.
Neymar emerged as a teenage wonderkid at Santos, winning the Copa Libertadores in 2011 before switching Brazil for Catalunya.
After moving to Camp Nou in 2013 the Brazilian hit 105 goals in 186 games for Barca, forming part of the formidable MSN forward line alongside Luis Suarez and Lionel Messi.