Transfer News:Neymar Completes Al-Hilal Move In Huge $400m Deal

Some of Neymar's perks include a private jet, €80k for every win and €500k for posts promoting Saudi Arabia
August 15, 2023

Brazil and PSG forward Neymar Jr on Tuesday signed a lucrative contract to join Saudi Arabian Pro League side Al Hilal on a $300m package record salary in two years with no option to extend.

Neymar had his medical in Paris on Monday and will arrive Riyadh ahead of his unveiling to the club’s fans on Wednesday at the King Fahd International Stadium.

Join our WhatsApp Channel

Al Hilal, managed by Portuguese coach Jorge Jesus, play Al Fayha on Saturday with Neymar expected to wear the number 10 shirt.

Neymar, who joined PSG in 2017 from Spanish club Barcelona for a world record transfer fee of 222 million euros ($242m), missed PSG’s goalless league opener against Lorient on Saturday due to a viral infection.

His salary could go up to potential $400m total until 2025 based on add-ons & commercial deals.

The deal was completed by his father Neymar Pai and super agent Pini Zahavi.

Some of the perks Neymar will enjoy for signing for Al-Hilal include:

1. A private jet at his disposal
2. A huge house with staff
3. €800,000 bonus for every Al Hilal win
4. €500,000 for every post or story he posts on his social media handles that promotes Saudi Arabia.

A breakdown of Neymar’s salaries at Al-Hilal shows the following:

1. €4.80/second
2. €288/minute
3. €17,280/hour
4. €414,720/day
5. €2.9M/week
6. €12M/month
7. €150M/year
8. €300M over two seasons

Izuchukwu Okosi

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

Previous Story

Yoruba Movement Opposes ECOWAS’ Planned Military Action In Niger

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria
Next Story

Nigerian Bourse Crashes, Stock Market Cap Loses N58.47bn

Featured Stories

Latest from Business

Dangote Sugar, Jaiz Bank Shares Decline, Drag NGX Down By N101bn

Dangote Sugar, Jaiz Bank Shares Decline, Drag NGX Down By N101bn

Trading closed with a N101.89 billion decline in the market capitalisation of the Nigerian Exchange (NGX) on Wednesday, March 4. The NGX said the Nigerian stock market’s market capitalisation decreased to N126.09 trillion, from the N126.19 trillion recorded on Tuesday, March 3.Join
Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Ecobank Suffers N10.97bn Investment Loss

In 2025, Ecobank Transnational Incorporated managed to shield its bottom line from investment loss and decline in other operating income, thanks to a strong topline. According to the company’s consolidated unaudited statement of comprehensive income for the year ended December 31, 2025,
Naira Appreciates, Ends Week Positive Across Official, Black Markets

Dollar Appreciates In Black Market, Official Window

The foreign exchange (FX) rate for the United States dollar (USD) increased to N1,387.77 kobo per $1 on Tuesday, March 3, in the black market, surpassing the N1,382.52 kobo per $1 recorded on Monday, March 2. Also, the pound FX rate was
Previous Story

Yoruba Movement Opposes ECOWAS’ Planned Military Action In Niger

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria
Next Story

Nigerian Bourse Crashes, Stock Market Cap Loses N58.47bn

Don't Miss

Ogidi Reels from Fatal Attack on Town Union President-General

Residents of Ogidi community in Idemili North Local Government Area,

NAF, Army Kill Over 35 ISWAP Fighters in Kumshe Precision Strikes, Borno

Nigerian Army troops under Operation HADIN KAI, in joint action