PSG’s Neymar agrees €12m pay cut to return to Barcelona- Report

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Report in Spain says Barcelona have reached a verbal agreement with Paris Saint-Germain (PSG) playmaker Neymar over his return to Camp Nou – two years after the Brazilian left for a world record fee.

Neymar is set to earn £400,000-a-week in a 5-year and for that deal to happen, Neymar will take a significant drop in salary, from €36.8million per season (second highest in world football) to €24million, a €12million reduction as was his contract before leaving.

Sport journalist Albert Masnou also claims that due to Neymar’s desire to return, he did not even try to negotiate the amount, clear that Barcelona president Josep Maria Bartomeu was at his upper limit. He also removed his legal case against the club owing him money.

Now all that is left to do, the paper says, is for the clubs to come to an agreement on an appropriate transfer fee for the player. As previously reported by Le Parisien, the Ligue 1 side are looking to make a profit on the man they plucked away from Barça, and are demanding 300 million euros. Although in simple terms this is likely a price too high to pay, other conditions – for example including players in part exchange – could allow the two football powerhouses to find a satisfactory middle ground. If not, Sport confirm, Real Madrid would be the only other option potentially available to him.

For Neymar’s part, money has been put as a lesser priority than achieving greatness, following a period in France that did little for his reputation. If this move becomes a reality, he will have a chance to restore his name as one of football’s very best.

Neymar still has three years left on his current deal, and PSG want to recoup at least as … Read More...