Neymar Signs £77 Million Two-year Contract With Al-Hilal

Brazil international, Neymar Jr, has signed a two-year contract with Saudi Arabian club, Al-Hilal from Paris Saint-Germain (PSG).

The deal is worth £77 million plus add-ons.

Neymar is expected to earn €150 million (£129.2 million) a year in Saudi Arabia – six times the amount he earned at PSG.

“I am here in Saudi Arabia, I am Hilali,” Neymar said in a video posted on the club’s microblogging platform, X.

Neymar will join the likes of former Wolverhampton Wanderers captain Ruben Neves, former Chelsea defender Kalidou Koulibaly and ex-Lazio midfielder Sergej Milinkovic-Savic – who joined the club this summer.

Neymar, who joined PSG for a world record fee of €222 million in 2017, leaves PSG after six seasons and was left out of their squad for Saturday’s Ligue 1 draw against Lorient.

The former Barcelona player made 173 appearances for PSG, helping the club win 13 trophies, including five Ligue 1 titles, as well as reaching the 2020 Champions League final.

Neymar’s time in Paris has been overshadowed by a number of ankle injuries and was understood to be earning in the region of 25m euros (£21.6m) annually at PSG.

Neymar’s transfer continues the sensational spending spree by Saudi clubs after 5-time Ballon d’Or winner, Cristiano Ronaldo joined Al-Nassr from Manchester United in January.

Similarly, star players such as Karim Benzema, Riyad Mahrez, N’Golo Kante, Allan Saint-Maximin, Jordan Henderson, Ruben Neves, Sadio Mane, and Roberto Firmino have all moved to Saudi Arabia.