Breaking News

Asia Today ISSN 1861-4604 Thursday, October 19, 2017

Headline

Barcelona star Neymar agrees terms with Paris Saint-Germain - source

222 for Neymar

Share on Facebook July 22, 2017, Reporter : Big News Network, Reader : 469

news

Barcelona forward Neymar has now told Paris Saint-Germain he wants to move to the Parc des Princes and agreed terms on a contract, a source close to the French club has told ESPN FC.

His decision means PSG can now push forward with their plans to trigger the Brazil international's €222 million buyout clause.

The source said Neymar and his father, who has been in discussions with PSG's ambitious Qatari owners and sporting director Antero Henrique for the past few days, have agreed to a massive contract at least four years in length.

If the 25-year-old ends up in Paris, he will be earning approximately €30m a year after taxes and will also be handed an astronomic signing on fee in excess of his net annual sum.

On top of those earnings and significant bonuses, the source indicated Neymar and his father will also profit from a number of club owners Oryx Qatar Sports Investments' other commercial ventures in Paris and away from the world of football.

According to French newspaper Le Parisien, Barca's No. 11 -- who is currently in the United States with Ernesto Valverde's men for preseason -- has already told some of his current teammates that he is leaving for PSG.

The ESPN FC source indicated that the biggest remaining question is no longer whether or not Neymar is willing to swap Camp Nou for Parc des Princes but how the capital outfit finance what would be a world-record fee.

PSG's transfer budget at the start of the summer was €220m, all within the framework of UEFA's financial fair play (FFP) rules.

However, after the signings of Dani Alves and Yuri Berchiche, the French club's ability to finance Neymar's proposed salary has been questioned.

Although the sale of Jean-Kevin Augustin effectively cancelled out the signatures of Alves and Berchiche in terms of transfer fees -- €13m spent and then recouped -- players including Serge Aurier, Hatem Ben Arfa, Grzegorz Krychowiak need to be moved on to create sufficient space on the wage bill.

According to the source, a number of methods to complete the Neymar deal are being considered, with almost all of them concerning third parties -- notably player and club sponsors Nike. The club know that when they make their move, they must meet the player's release clause.

If successful, though, PSG's summer business would not end there. Arsenal's Alexis Sanchez remains a target, while the defence could be boosted by Estudiantes' Juan Foyth, and Henrique is still very keen on luring Monaco's Fabinho to Paris to restructure the midfield.

Jonathan Johnson covers PSG and the French national team for ESPN FC. Twitter: @Jon_LeGossip.

 

More Euro Asia news of the month

Photos Catalonia refuses to reveal plans, seeks talks with Madrid

MADRID, Spain - Faced with mounting pressure from all sides ahead of the deadline set by Madrid for clarifying if Catalonia has declared...

Photos Catalan leader headed for a paradigm-shifting future?

MADRID, Spain - Faced with a tough and defining choice between a bold future that will change the paradigms set over decades or sticking...

Photos Berlin Probe: Christmas Market Attacker Could Have Been Thwarted

BERLIN - The Tunisian man who carried out last year's deadly truck rampage at a Christmas market in Berlin could have been detained...

Photos Thousands calling for Spanish unity rally across the country

MADRID, Spain - Thousands calling for unity in Spain took to the streets on Sunday, following the wide split in the nation due to the...

Photos Macron, ’President of the rich’ sparks political furore

PARIS, France - The French President Emmanuel Macron got into more trouble on Thursday after he accused some disgruntled workers of...

Photos Germany pushes U.S. to participate in talks with Iran

BERLIN, Germany - Urging the United States against pulling out of the multilateral Iran nuclear deal, Germany along with other European...

Photos Chaos reigns: Spain moves to prevent Catalonia referendum

BARCELONA, Spain - Vowing to stop Catalonia's independence referendum, which was declared illegal by the country’s...

Photos Man shouts Allahu Akbar, stabs two women to death in France

MARSEILLE, France - In what is feared to become yet another incident in the string of terror attacks that France has faced over the last...

Photos For the first time ever, whole of Paris goes car-free

PARIS, France - For the first time ever, after previously experimenting with car-free days, Paris has marked its annual car-free day,...

Flying Reimagined

Stock Index

Thursday, October 19, 2017

Life Style

Photo Gallery

FEUILLETON