Paris Saint-Germain (PSG) has today unveiled Neymar Junior after activating the €222million (£199million) release clause in his contract, making the Brazilian forward the most expensive player in football history.

Neymar’s world-record transfer is reported to be worth about £450m in total, taking into account fees and wages, which will see the forward earn around £540,000 a week after tax.

Formerly with Barcelona, Neymar Jr will be officially presented to fans on Saturday and is committed to PSG for 5 years until June 2022.

The 25-year-old, who joined Barcelona for £48.6m from Brazilian club Santos in 2013 leaves after winning 1 champions league, 2 La liga titles, 3 Copa Del Rey titles, 1 uefa supercup winner, 1 spanish super cup winner and 1 Fifa club world cup winner.

The Parisian club’s official website also announced that Neymar will wear the No.10 jersey at the Parc de Princes. Javier Pastore has given up his shirt number in order to welcome Neymar to the club.

La Liga had rejected an attempt by Neymar’s representatives to pay the sum that would trigger his release clause at Barcelona but the money was later accepted by the club at Camp Nou.