Soccer star says move not cash-driven
PARIS — Neymar opened a new extravagant chapter in soccer history Friday as the game’s costliest player by fending off questions about his financial motivations as deftly as he repels opponents on the pitch.
Paris Saint-Germain’s 222 million euro ($262 million) recruit was sticking to the script at his presentation in the French capital. Leaving the prestige of Barcelona for the less exalted surroundings of PSG was about seizing the chance to raise the status of an ambitious club, rather than about the size of an annual salary reported to be 30 million euros.
“I was never motivated by money,” Neymar told a crowded news conference at the Parc des Princes home of PSG. “What I think about is happiness. If I was following the money I would maybe be in some other country.”
It is, however, Qatari cash that has fueled the rise of PSG over the last six years, making Neymar’s world-record transfer feasible.
So while the last thing Neymar wanted to do was talk about money on his first full day as a PSG player, the man alongside him had little choice. PSG president Nasser Al-Khelaifi was keen to justify the outlay for the 25-year-old Brazilian, touting the financial uplift that the club expects to follow with one of the game’s superstars on its squad.
If Neymar’s transfer fee seems lavish now, Al-Khelaifi was insistent that his value would soon “double.”
The value of the club, too, has soared overnight from 1 billion euros before the transfer, according to Al-Khelaifi.
“Now it is worth 1.5 billion,” said the Qatari face of a club linked to the energy-rich Gulf nation’s ruling family.
European soccer regulations prevent unrestricted spending. PSG was fined and forced to reduce its squad size in 2014 by the UEFA governing body for spending far more than it generates in a bid to catch up with the soccer elite.
PSG has done its sums, Al-Khelaifi said, and Neymar can be afforded without breaching Financial Fair Play rules again. The value of the transfer can be spread on the annual accounts across the five-year length of the contract.
“For people worrying about FFP, go and have a coffee,” Al-Khelaifi said. “There are no problems.”
PSG will have to squeeze every euro — and Brazilian real — out of Neymar’s appearance on the pitch through sponsorship, merchandise and jersey sales.