17:56 GMT +318 December 2018
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    FC Barcelona football star Neymar answers questions during a press conference to announce new sponsorship with Japanese internet retailer Rakuten in Tokyo on July 13, 2017.

    Neymar Reps Buy Out Barcelona Contract for €222Mln Paving Way for PSG Membership

    © AFP 2018 / TORU YAMANAKA
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    Representatives of the Brazilian national football team striker Neymar on Thursday bought the player's contract from Barcelona for 222 million euros, according to the official website of the Catalan football club. Less than an hour later, media reported that Neymar signed a 5-year contract with France's Paris St-Germain football club.

    MOSCOW (Sputnik) — Media reports have speculated that the 25-year-old striker may earn up to 865,000 euros (over $1 million) a week when he completes his world record move from Barcelona to France's Paris St-Germain.

    Neymar's future membership in PSG sparked huge controversy in the football world with Spanish La Liga refusing to accept the payment for the striker's release, accusing the French football club of breaking UEFA's Financial Fair Play rules by trying to pay the record-breaking clause.

    "On Thursday afternoon, Neymar Jr's legal representatives visited in person the Club's offices and made the payment of 222 million euros in the player's name with regards to the unilateral termination of the contract that united both parties," the FC Barcelona said in a statement.

    In July, Paris Saint-Germain, owned by an investment fund headed by the son of the Emir of Qatar, reportedly agreed to pay 222 million euros ($255 million) to buy Brazilian footballer Neymar from Barcelona, which almost doubles the world record for a transfer fee.

    Barcelona failed to win the Spanish league last season, coming second to arch-rivals Real Madrid and their club president, Josep Maria Bartomeu, has insisted Neymar will part of their team as they try to win back the title next season.

    The Brazilian, who scored 13 goals last season, only signed a five-year contract in October. But the contract reportedly included the huge buyout clause, which was no doubt inserted on the assumption that no club would be willing to stump up such an enormous sum of money. Neymar joined the Catalan giants in 2013.

    Paris Saint-Germain lost an incredible Champions' League match to Barcelona in March. PSG led 4-0 from the first leg in the French capital, but Barcelona won the second leg 6-1, with three goals in the last five minutes, including two from Neymar. Barcelona were themselves later knocked out by Juventus.


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