Brazillian football star, Neymar is now the world’s highest paid footballer.
Neymar took on the “highest paid” player tag after signing a new five-year deal with his club side, FC Barcelona.
The 24-year-old Brazilian forward has ended speculations over his future at Barcelona by agreeing to a bumper deal with the Catalan club.
According to Spanish daily newspaper, Marca, Neymar will now earn €25m per year after tax, surpassing Lionel Messi’s €22m annual income by €3 million.
Neymar has three buyout clauses included in his new contract which will expire in 2021.
The value is fixed at €200 million for the first year of the deal, €222m for the second and €250m for the remaining three years.
Neymar’s lawyer Marcos Motta originally called the new contract the ‘biggest’ in football but afterwards quickly corrected himself saying – it’s not the biggest, it’s the ‘best’.
Neymar Now World’s Highest Paid Player
Neymar’s annual net earnings were set at 10.5m euros (£8.8m) a season initially.
Messi will be the next to sit-down with Barcelona to discuss a renewal of his contract that runs out in 2018.
Barcelona still have no shirt sponsor for next season. However, club President, Bartomeu announced on Thursday that they should pass the 670m euros (£562.3m) mark for income generated in the 2015-16 season.
The club will finally announce her end of financial year figures later this month. Barcelona is also confident of striking a 200m euro (£168m) deal when they sell naming rights on the renovated Estadio Nou Camp.
Neymar made his competitive debut for Barcelona during the opening game of the 2013–14 La Liga season as a 63rd-minute substitute for Alexis Sánchez in a 7–0 win against Levante UD.
He scored his first competitive goal for the club in the first leg of the 2013 Supercopa de España against Atlético Madrid on 21 August 2013.