PSG plans to extend Neymar’s stay in the club with a new contract worth £38m per year

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There have been new reports that Paris Saint-Germain PSG is willing to extend Neymar’s stay in the country’s capital till 2025 with a contract worth about £38 million per year. The Brazilian’s contract with the French club is expected to expire by 2022, however, there has been recent interest from two Spanish giant clubs Real Madrid and Barcelona to get the signature of the Brazilian player.

Meanwhile, a report released sometimes last week revealed that Paris Saint-Germain is ready to let Neymar exit the club. However, it seems that has been denied through their recent decision to extend his stay with a tempting contract worth millions of pounds. Neymar completed a move to the French capital club in 2017 with a deal worth about £200 million making him the most expensive footballer on earth.

The silver lining was that Neymar’s first reason for trying to exit the Spanish team was because of the competition between him and Lionel Messi. However, with the moneybag contract that was offered by Paris Saint-Germain, it became compelling that the Brazilian star makes his move to France.

After several years in France, it seems Neymar Jr has not been able to achieve his desired feat in the French club with his inability to win major trophies. Meanwhile, Barcelona and Real Madrid have been rumored to be quite keen on getting the player’s signature during the next transfer window.

However, in a twist of event, Paris Saint-Germain sports director Leonardo is willing to offer the Brazilian star an extension that will keep in the club till 2025. As if that is not enough, Neymar earns about £537,000 before football was interrupted, making him one of the highest-paid footballers in the world. With the new rumored contract extension by PSG, Neymar is estimated to earn about £800,000 per week, €3,060,000 per month making about 37.6m per year. This literally means that Neymar would be the highest-paid football in the history of the game.

Critics opined that PSG made the decision to silent the interest of Barcelona in the Brazilian star by increasing his pay to ensure that he signs a new contract in the club.