Saudi club Al-Hilal announce Neymar signing, forward agrees to a record-breaking salary

Brazilian football superstar Neymar has officially moved from PSG to Saudi Pro League club Al Hilal. His departure from the French club marks the end of a difficult six-year run that began with much excitement upon his arrival in Paris. The flashy forward is the latest big name to join the Saudi Arabian side after numerous European stars were attracted since Cristiano Ronaldo joined Al-Nassr in January.

3 things you need to know

• Neymar leaves European football after playing for 11 years at Barca and PSG

• Neymar had a chance to return to Barcelona, but there was no official offer from the Catalan giants

• The Brazilian star has signed a record-breaking contract with Al-Hilal

Neymar cleared all of his transfer rumours on Tuesday

Several news outlets reported on Sunday that Neymar, Brazil's all-time leading scorer with the legendary Pele, was close to finalizing terms on a personal contract with Al Hilal. The two teams had previously settled on a €90 million transfer price, which led to this turn of events.

Let’s go to write history ✍🏻 @neymarjr #AlHilal 💙#Neymar_Hilali pic.twitter.com/GV55O3VSgY

— AlHilal Saudi Club (@Alhilal_EN) August 15, 2023

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This amount is most likely going to set a record for the league, which receives funding from the oil-rich state. The deal exemplifies the league's substantial investment in elite football talent as part of its extensive expenditure initiatives.

For how many years has Neymar signed a contract with Al-Hilal?

The Saudi Arabian outfit has offered a two-year contract offer to Neymar, with estimates placing his yearly compensation at around $100 million. The suggested payment is reportedly due to the high status of the 31-year-old Brazilian superstar. The fact that this sum is about half of 38-year-old Cristiano Ronaldo's stated wage is remarkable, though.

Al-Hilal announced the star forward on Tuesday through a social media post in which Neymar was seen wearing his new club jersey for the first time. The star player stated: “I am here in Saudi Arabia; I am Hilali.”

“I am here in Saudi Arabia, i am HILALI 💙”@neymarjr #AlHilal
pic.twitter.com/q7VUhf0FnQ

— AlHilal Saudi Club (@Alhilal_EN) August 15, 2023

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The Saudi Pro League giants are set to face Al-Feiha in their second league match this Saturday. This could be the first time Saudi Arabian fans can witness their new star player take on the field for the very first time in a new jersey. In the summer of 2017, Neymar broke the transfer record with a €222 million transfer price that sent him from Barcelona to PSG. Neymar's talent was on full display during his time with the Ligue 1 club, as he scored 118 goals in 173 games for the Parisian squad. He won five league titles during this time in Paris.