Neymar completes transfer from PSG to Saudi club Al Hilal to earn £430k for every Instagram post
Brazil star Neymar has completed a move from French champions Paris Saint-Germain to Saudi Arabian side Al Hilal, the clubs confirmed Tuesday.
"I'm here in Saudi Arabia. I'm Hilali," Neymar said in a video announcing his signing.
Neymar will link up with new teammates Kalidou Koulibaly, Rúben Neves and Sergej Milinković-Savić, who all made the move to Al Hilal earlier this summer.
Al Hilal are one of four clubs -- along with Al Nassr, Al Ahli and Al Ittihad who were taken under the ownership of Saudi Arabia's Public Investment Fund in June as part of the country's "Sports Clubs Investment and Privatization Project."
Neymar has reportedly been offered a two-year contract expected to pay an annual salary of around $100 million. That would be around half of the reported salary Cristiano Ronaldo is being paid by Al Nassr.
"A marvelous talent ... who attracts the attention of everyone," Al Hilal wrote of Neymar in their social media post.
Neymar, 31, joined PSG in 2017 when the club -- owned by Qatar Sports Investments -- paid a still-world-record transfer fee of €222m to pry him away from Barcelona.
He scored 118 goals in 173 appearances for the Paris club and won numerous trophies, including five Ligue 1 titles, but was increasingly a target of fans' frustrations as the club failed to win the UEFA Champions League.
"It is always difficult to say goodbye to an amazing player like Neymar, one of the best players in the world, said PSG's president and CEO Nasser Al-Khelaïfi.
"I will never forget the day he arrived at Paris Saint-Germain, and what he has contributed to our Club and our project over the last 6 years. We had a great moment and Neymar will always be a big part of our history. I would like to thank Neymar and his family. We wish Neymar all the very best for the future and his next adventure."
Neymar will reportedly be paid £430,000 for every post on his Instagram that promotes Saudi Arabia as part of his mega-money contract with new club Al-Hilal.The Brazilian underwent his medical on Monday before completing a £73million move that will earn him £130m-per-year.
But, according to French outlet FootMercato, included in that eye-watering sum is a £70,000 bonus for every win the Riyadh-based team collects, as well as £430,000 for every post or story he puts on social media that promotes Saudi Arabia.
Neymar currently boasts 62.5m followers on social media platform X and 212m followers on Instagram.
The remarkable contract also includes a private plane for him to jet around the globe on, as well as a lavish house for himself and pregnant girlfriend Bruna Biancardi that is accompanied with a raft of housekeepers and support staff.
Talks will be ongoing with Neymar and his representatives over what he will and will not be obliged to do over the duration of his two-year contract. Similar discussions were held with Cristiano Ronaldo before his switch from Manchester United.
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