BREAKING NEWS: Neymar signs new deal with Santos to end Real Madrid & Barcelona speculation
The 19-year-old Brazilian striker has sent a clear message to Real Madrid & Barcelona as he pens new terms to remain with his current clubNov 9, 2011 4:59:00 PM
By Salvatore Landolina
Neymar has signed a new deal with Santos, ending months of speculation he was set for a move to either Real Madrid or Barcelona.
Contradicting reports that the 19-year-old was set to opt for a move to Spain in 2012, it was revealed that Neymar has negotiated a lucrative new deal with the Copa Libertadores holders. The contract duration, which currently runs until 2015, is not affected, but the Brazil international will receive a substantial pay rise as well as an increase in the buy-out clause.
The striker's agent Wagner Ribeiro has confirmed the agreement and said his client was delighted at having the chance to stay on.
"Neymar is happy to be able to remain with Santos until at least 2014, after that he will decide where to go," Ribeiro told Lance on Wednesday, assuring the youngster's continuity in Vila Belmiro until after the World Cup in Brazil.
Santos are now expected to announce the move officially as details over Neymar's new deal emerge.
The Brazilian is expected to earn around ?1.2 million per month in wages and his buy-out clause, believed to be around ?45m, is set to increase.
Barcelona and Real Madrid had been linked with the youngster heavily in the summer, but Santos had announced they were looking to tie the player down to a new deal in September.
http://www.goal.com/en/news/11/transfer-zone/2011/11/09/2749813/breaking-news-neymar-signs-new-2014-deal-with-santos