Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Neymar set for Saudi move after Al Hilal agree near-$100M transfer fee with PSG

Neymar is set to complete a move to the Saudi Pro League

Via AP news wire
Monday 14 August 2023 15:57 BST
South Korea Soccer PSG Jeonbuk Hyundai Motors
South Korea Soccer PSG Jeonbuk Hyundai Motors

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Neymar is set to complete a move to the Saudi Pro League after Al Hilal agreed a reported 90 million euros ($98 million) transfer fee with Paris Saint-Germain on Monday.

The fee would be a record for the league, backed by the oil-rich state, in its spending spree on high-end soccer talent.

Al Hilal could finally seal a statement signing to match Al Nassr, its city rival in Riyadh, which lured Cristiano Ronaldo in January. Recent offers to Lionel Messi and Kylian Mbappé, teammates of Neymar last season at French champion PSG, were not accepted.

Neymar has reportedly been offered a two-year contract expected to pay the 31-year-old Brazil star an annual salary of about $100 million. That would be around half of the 38-year-old Ronaldo's reported salary.

Neymar and PSG agreed last week he could leave although his widely reported preference, like Messi several weeks ago, was on returning to their former club Barcelona.

Barcelona’s troubled finances make such deals tough and Messi instead chose Major League Soccer's Inter Miami in June.

Al Hilal is one of four storied Saudi clubs effectively nationalized by the sovereign wealth Public Investment Fund (PIF), which claims assets of about $700 billion. They include the LIV Golf series that challenged the PGA Tour before the two organizations agreed to join forces.

PIF is chaired by Saudi crown prince Mohammed bin Salman, whose ambitions in global sports have become a signature policy.

Neymar’s signing was making progress on the day of the season-opening league game for Al Hilal, a record 18-time national champion.

Al Hilal was playing at Abha and giving league debuts to Brazilian winger Malcom and Portugal midfielder Rúben Neves, who cost the two previous most expensive transfer fees paid by a Saudi club. They were priced, respectively, at a reported 60 million euros ($65 million) from Zenit St. Petersburg and 55 million euros ($60 million) from Wolverhampton.

___

AP soccer: https://apnews.com/hub/Soccer

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in