Its official, PSG announce signing of Barcelona Superstar Neymar for 5-years in World Record deal

After weeks of speculations, ?Paris Saint-Germain have officially completed the signing of Brazilian superstar Neymar from Barcelona and in the process more than doubled the previous world transfer record after triggering the 25-year-old's enormous €222m release clause.

This is the first time in history that a French club has broken the record, with Spanish, Italian and English clubs responsible for all but three world record deals since the very first £100 transfer was completed 124 years ago in 1893.

Neymar signed a lucrative 5-year contract with PSG after leaving Barcelona's pre-season programme earlier this week.  

On completion of the transfer, Neymar said 'I am extremely happy to join Paris Saint-Germain. Since I arrived in Europe, the club has always been one of the most competitive and most ambitious. And the biggest challenge, what most motivated me to join my new teammates is to help the club to conquer the titles that their fans want. I played 4 seasons in Europe and I feel ready to take the challenge. From today, I will do everything I can to help my new teammates, to open up new horizons for my club and to bring happiness to its millions of supporters around the world'.