Paris St-Germain have signed Brazil forward Neymar for a world record fee of 222m euros ($354m) from Barcelona, reports the BBC.
The deal for the 25-year-old smashes the previous record set when Paul Pogba returned to Manchester United from Juventus for £89m in August 2016.
He will earn 45m euros a year - 865,000 euros a week - before tax from the initial five-year deal.
Neymar said he has joined "one of the most ambitious clubs in Europe".
"Paris St-Germain's ambition attracted me to the club, along with the passion and the energy this brings," he added.
"I feel ready to take the challenge. From today, I will do everything I can to help my new team-mates."
PSG reached the last eight of the Champions League last season - knocked out by a Neymar-inspired Barcelona - and were beaten to the French title by Monaco.