MOSCOW (Sputnik) — French Paris Saint-Germain football club confirmed on Thursday that it had signed a 5-year contract with the Brazilian national football team striker Neymar after his release from FC Barcelona, according to the club's Instagram blog.
FC Barcelona said in a statement earlier on Thursday that Neymar's representatives have bought out the player's release clause for 222 million euros (some $264 million).
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.