Neymar: Santos to profit on PSG transfer from sell-on clause

Neymar: Santos to profit on PSG transfer from sell-on clause

F.C. Barcelona, Paris Saint Germain 0 Comment 5

Santos are set to receive a small slice of the monumental pie that has seen former player Neymar complete a world-record €222m transfer to Paris Saint-Germain.

The Brazilian club will earn a relatively tiny portion of the overall fee after they insert a sell-on clause into Neymar’s contract – an amount worth €9m – upon his move to Barcelona in July 2013.

The report was broken via BBC World journalist Fernando Duarte, who claimed that the sliver of cash would go to Santos after their former player’s supposed agent Wagner Ribeiro confirmed as much ahead of his move from Catalunya to the French capital on Thursday evening.

The money earned by Santos may appear minuscule, given the huge amount of cash that the Ligue 1 club have paid over for his signature, but will go some way to helping the Brazilian club bring through the next batch of talented youngsters within their youth set up.

He began his career with Santos, and his professional playing career took off upon his promotion to the first-team picture in 2009.

Neymar has a record of 70 goals and 35 assists in just 134 games for Santos before Barca came calling for the in-demand wonderkid’s services.

Neymar completed a £75m transfer to Europe in July 2013 – despite Santos’ aggrievances with how the move played out – and spent four seasons with the Catalan giants as he scooped up nine trophies including the 2015 Champions League and two Spanish top flight crowns.

Speculation over a possible transfer to PSG steadily grew throughout the current transfer window before Barcelona shockingly allowed him to depart on Wednesday, and Neymar penned a five-year deal with £515,000-a-week after tax with Les Parisiens on Thursday after passing a medical.

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Donald Stephen

Donald Stephen is a freelance football writer who knows only slightly less about football than you do. A regular contributor to Football Weeks, the Set Pieces, and others. You can connect with us on - Facebook and Twitter

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