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July 2, 2016

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Barca ties Neymar with US$277m buyout clause

BRAZILIAN striker Neymar has signed a five-year contract extension which includes a buyout clause of up to 250 million euros (US$277.5 million), the Spanish club said yesterday.

The deal will keep the 24-year-old international at Barcelona until June 30, 2021, the club said in a statement.

“The player’s buy out clause has been fixed at 200 million euros for the first year of his contract, 222 million for the second and 250 million for the remaining three years,” the statement added.

The club said it will formally present the new deal in Barcelona on July 15, before Neymar joins up with the Brazilian national side for the Olympic Games.

In England, Spain international Nolito became Manchester City’s second signing under new coach Pep Guardiola — after Germany midfielder Ilkay Gundogan — when he joined from Celta Vigo on a four-year deal. British media reported the fee to be 13.8 million pounds (US$18.3 million).

Crystal Palace then announced the club-record signing of Andros Townsend for 13 million pounds on a five-year deal, with the England winger ending his brief spell at Newcastle following its relegation from the English Premier League.

Chelsea has opted against renewing contracts for strikers Radamel Falcao and Alexandre Pato and goalkeeper Marco Amelia.




 

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