PSG Complete World Record Deal For Neymar

Neymar cleared for PSG switch but Barca will demand full release fee

Neymar's £198m transfer to PSG has finally gone through after much speculation, and while the Catalan club find themselves with a new influx of cash powerful, there are many who are aggrieved by the nature of the transfer. "This is the only reason", Neymar said.

"La Liga is an entity that defends the interests of the clubs and right now it is defending Barcelona", said Marcos Galera, a lawyer and founding member of Spanish sports law specialists Agaz. "Our biggest challenge is the Champions League, but there are other trophies too".

"I don't think £200 million for Neymar is expensive", admitted the Manchester United manager Jose Mourinho, whose club previously broke the record last summer by paying £89 million to Juventus for Paul Pogba.

Spanish clubs have dominated the Champions League in recent seasons with Barcelona and Real Madrid winning the competition for the last four years and Tebas fears their place at the top of the pyramid could be threatened by "financial doping".

"Thank you Neymar for coming to PSG, thanks to your family and your staff, and to my staff who worked really hard on this transfer", he added.

Al-Khelaifi also insists PSG did not breach UEFA's financial fair play rules with the transfer. "We have been very transparent".

In doing so, Neymar has become the world's most expensive player - with the £198m transfer smashing the previous record of £89m set by Paul Pogba when he moved to Manchester United from Juventus a year ago.

Neymar's transfer is a watershed moment in world football.

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Neymar said that he is "very happy" to be a member of the Paris Saint-Germain now, adding that he hopes to win titles with the club. I had to think, rethink and think again about what I want to do with my life I leave a lot of very good friends behind. "I think 99 percent of the clubs do that but, of course, we can not compete at that level", he said.

"I did the opposite of what my dad wanted", the Brazilian said in a farewell video that he uploaded.

" Before Neymar the value was $1 billion and today it is $1.5bn". No, I felt well in Barcelona.

ESPN FC's Julien Laurens makes the domestic point in France, with PSG the favorites with or without Neymar after what happened with Monaco.

For many years, Paris Saint-Germain was synonymous with huge under-achievement on the field, overt racism in the stands and fan violence outside the stadium.

The Brazilian forward said that he was attracted to the club due to its passion, energy, and ambition; and that he would do everything he could for his new teammates.

"We think Neymar will help us to dream bigger and win everything", 20-year-old fan Samy El Amrani Jorey said outside the hotel at 1:30 a.m., adopting the club's motto.

Neymar's first press conference with Paris Saint-Germain has started in a room packed with reporters, photographers and TV crews.