Neymar will complete his move to Paris Saint-Germain on Monday or Tuesday of next week - that is according to reports on Radio Montecarlo (RMC). The French broadcaster claims that Neymar has also settled his personal terms with PSG - a five-year deal, during which he will earn 30 million euros before tax. “The agreement is in place; the finer details of the contract have also been agreed on”, a source close to the player told RMC, adding “Neymar has made his choice. The fight with Semedo underlines how he feels. We are expecting the two clubs to complete the operation on Monday or Tuesday. As far as we are concerned, his future is in Paris”.
PSG keen to negotiate directly with Barcelona - L'Équipe
Elsewhere in France, L’Équipe reports that PSG want to open negotiations directly with Barcelona to reduce or avoid the 21% VAT costs that will be added to the operation so that the final outlay will not surpass the 222 million euros corresponding to the player's buy-out. On a fiscal level, meeting a player's buy-out clause is a complex operation because, according to the law, it is the player who must come up with the buy-out amount and present it in person. That means that PSG cannot simply give Neymar 222 million euros and ask him to turn up at the LFP headquarters - such procedures are illegal in Europe. Nevertheless, Radio Montecarlo affirm that both clubs will come to an agreement and an arrangement by next week.
Neymar operation and UEFA's Financial Fair Play regulations
Such a deal would not be an infringement of UEFA's Financial Fair Play rules. After being fined three times for failing to comply to them, PSG are not prepared to fall foul of the rules for a fourth year and according to RMC, the club has done its calculations and by signing Neymar they would not be in breach of the law. PSG have made a detailed study of what kind of economic impact Neymar's arrival would have on the club's bank balance. Those studies show that the club would significantly boost income through marketing and publicity - enough to justify the transfer under Financial Fair Play guidelines. UEFA's Head of Club Licensing and Financial Fair Play Andrea Traverso explained earlier this week in an interview with La Gazzetta dello Sport: “If a club buys a player, it is understood that they will have done all of the necessary calculations in advance. If they haven't, they will face a fine. But we cannot impede clubs from buying players”.