Paris, Aug 4 (IANS): Ligue 1 side Paris Saint-Germain has announced the signing of Brazilian star Neymar with a five-year deal, tying him with Parc des Princes until June 30, 2022.

PSG was reported to have triggered Neymar's 222 million euros release clause with his former club Barcelona, meaning that he undoubtedly became the most expensive player around the world after overshadowing Paul Pogba's 105 million euros when the latter joined Manchester United one year ago.

"I am extremely happy to join Paris Saint-Germain. Since I arrived in Europe, the club has always been one of the most competitive and most ambitious," said Neymar after signing his contract, Xinhua news agency reported on Thursday.

"Paris Saint-Germain's ambition attracted me to the club, along with the passion and the energy this brings. I played four seasons in Europe and I feel ready to take the challenge," he added.

Neymar, 25, has been selected for the Brazilian national team 77 times, scoring 52 goals. He has also achieved 15 titles at club level.

In his four-year stint with Barca, he notched 105 goals in 186 games, winning two La Liga, one UEFA Champions League and three Spanish Cup titles.

According to some reports, Neymar would earn an annual salary of 30 million euros, tripling that he got in Barca.

"Neymar is today one of the very best players in world football. His winning mentality, strength of character and sense of leadership have made him into a great player. He will bring a very positive energy to this club," said Nasser Al-Khelaifi, President of Paris Saint-Germain.

PSG saw his arrival as the club's aims to rise to the top of world football.

Neymar will be unveiled at a press conference on Friday.

Although it's not quite sure about his attendance in PSG's new season debut against Amiens on Saturday, he will then be presented to fans before the match at Parc des Princes.