Paris St-Germain have agreed a deal to sell Brazil forward Neymar to Saudi Pro League side Al-Hilal for a fee understood to be about 90m euros (£77.6m) plus add-ons.
The transfer is subject to the 31-year-old completing a medical and all necessary paperwork.
Neymar, who joined PSG for a world record fee of 222m euros in 2017, missed the Ligue 1 opener on Saturday.
He has not been made part of coach Luis Enrique’s plans for the new season.
Neymar to Al Hilal, here we go! 🚨🔵🇸🇦
— Fabrizio Romano (@FabrizioRomano) August 14, 2023
After new huge bid revealed two days ago, documents are now approved by all parties involved.
Ney will travel to Saudi this week.
Two year contract.
Number 🔟.
PSG set to receive bit less than €100m fee.
Medical to be completed today. pic.twitter.com/R6zR5glroe
It also fits PSG’s strategy of moving away from the ‘Galacticos’ era of signing high-profile players for big fees and significant wages.
Neymar was understood to be earning in the region of 25m euros (£21.6m) annually at the French side.
News of the Neymar deal comes just 24 hours after PSG’s Kylian Mbappe was reintegrated back into first-team training after positive talks with the club.
The France forward, 24, had been in a contract stand-off amid a desire to join Real Madrid but could now extend his contract at PSG, with his current deal due to expire next summer.
Last month, PSG gave Al-Hilal permission to talk to Mbappe after the Saudi side made a world-record £259m bid.