FOOTBALL NEWS: Neymar penned a five year deal with barca.

The 24-year-old ends months of speculation over a summer move by recommitting to the Spanish giants for a further three years, with his release clause increasing to €250 million

 POSTED BY EZE VICTOR

Neymar has signed a new five-year contract with Barcelona that will keep him at the club until 2021

he Brazil international's release clause is set at €200 million but will increase to €222m next season and then move up to €250m for the remainder of his deal.

Barcelona president Joseph maria bartomeu stated at press conference on Thursday that a deal  is arldey close before the former Santos man revealed intentions of staying with the club.

Neymar who is on the move to join Brazil squad for Olympic games next month has being previously linked to the likes Manchester united ,Paris saint German but has now committed his future to Barcelona by signing a three year additional contract that will keep at the club till 2021

A former presentation of Neymar deal will take place on July 15 before the Olympics tournament 

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