Picture Credit- @PSG/ twitter

Neymar completed his record-shattering transfer from Barcelona to Paris St Germain on Thursday, signing a five-year deal with the French club after they triggered his 222 million euros ($263 million) release clause.

The 25-year-old Brazil forward, who will be presented to fans on Saturday, is committed to PSG until June 2022, the club said in a statement. Media reports have said he could earn around 550,000 euros per week.

Both Barcelona and Spain’s La Liga questioned whether the move complied with UEFA’s financial regulations, with the club saying they would report the deal to European football’s governing body.

The transfer doubles the previous world record fee paid when Paul Pogba moved last August from Juventus to Manchester United for a 105 million euros.

The five-times European champions said they would pass on details of the operation to European soccer body UEFA “so that they can determine the disciplinary responsibilities that may arise from this case.”

Barcelona did not specify why they believed there may be a disciplinary issue relating to the deal. Javier Tebas, head of La Liga had earlier said that PSG were engaged in “financial doping” and the Spanish body would also complain to UEFA.

UEFA, whose financial fair play rules ban clubs from spending more than their generated revenue, declined to comment but a spokesman noted that international transfers are within the remit of global governing body FIFA.

A source from Spain’s La Liga said earlier on Thursday that the league had rejected the payment of the clause to them after Neymar’s lawyers visited its headquarters in Madrid to try to settle the transfer and pay the fee.

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