Brazil international forward Neymar signed a five-year contract extension with FC Barcelona on Friday (21 October) that will keep him with the club until 2021.
Barcelona announced on July 1 they had reached a new deal with Neymar but the signature and the official act was pending. The new contract will set his release clause at 200 million euros ($224 million) for the first year, 222 million for the second and 250 million for the final three.
“My family and I thought about what would be the best for me. And the best for me is to stay here,” Neymar said in an interview with Barca TV.
The 24-year old joined the Catalan club from Santos in 2013 and has won nine trophies including two La Liga Titles, the 2015 Champions League, and two Spanish Cups.
The skilled player has scored 90 goals for the Spanish club and is part of the powerful trident known as ‘MSN’, with Lionel Messi and Luis Suarez as partners.
The nature of his signing has brought the club and player prolonged legal problems since he arrived to Barcelona.Neymar and his father had to testify in Spain’s national court this year along with Barcelona president Josep Maria Bartomeu and his predecessor Sandro Rosell, who resigned in 2014 over controversy about concealing the total cost of the transfer.
The case was reopened in September after Spain’s national court overturned a judge’s decision that it was not a matter for the criminal court.