REPORT: Real Madrid set to spend €500m to land Neymar - FCNaija

La Liga By: Iseghohi Odianosen | 13/02/2018

Real Madrid president Florentino Perez is set to spend €500 million in the summer to land Paris Saint-Germain star Neymar, according to report.

The Real Madrid directors are keen on signing Neymar despite the huge financial involvement.

Neymar is a long-term target for Perez right from his days with Santos but the deal was hijacked by Barcelona in 2013.

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The European Champions have been warned about the cost implication of the deal but Perez still wants to push for a move to sign the former Santos and Barcelona forward.

Esteve Calzada, CEO of 'PrimeTime Sports', produces a biannual study of the transfer market which is regarded highly across the high levels of football.

Calzada, reports Sport, believes it would take €250m to convince Paris Saint-Germain to sell Neymar after they parted with €222m to sign him from Barcelona. A five-year contract worth €40m-a-year would also need to be tabled.

But when the various government taxes are added, the operation will be breaking the €500m barrier should Florentino pursue it.
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