RIYADH — The top French sports publication L'Equipe revealed on Sunday that Neymar, the Brazilian international striker for Paris Saint-Germain (PSG), and the Saudi Arabian club Al-Hilal, which finished second in the Arab Football Clubs Championship, have come to terms.
The PSG and Brazil forward will be paid a total of 160 million euros ($175 million) over two seasons, the tabloid reported in an article on its website. Neymar's current PSG contract is valid through 2025.
The Saudi Arabian squad and PSG, who want to get rid of the striker, still need to come to an agreement on the transfer's parameters before it can be completed. The Parisian club is now in negotiations after receiving an initial offer, according to the French daily.
The striker was already informed this week that he would not play a significant role, if at all, in the upcoming campaign by both Coach Luis Enrique and Sporting Director Luis Campos. That has accelerated the process of negotiating Neymar's departure.
Neymar didn't play in PSG's 0-0 draw with Lorient in the French league on Saturday after working out by himself on Friday, according to the club, which said it was because he was recovering from a viral infection. Neymar, though, is en route to leaving PSG and may do so during the summer transfer window.
For a then-record 222 million euros ($244 million), the 31-year-old Brazilian moved from Barcelona to PSG six years ago.