As European soccer leagues kick off this month and the transfer window comes to a close, it will be hard for any of the typical last-minute market drama to compete with Qatari-owned Paris Saint-Germain paying Barcelona $263 million for one player. That fee is more than double the previous world record.
The 25-year-old Brazilian player, Neymar da Silva Santos Jr., who is referred to simply as Neymar, is widely regarded as the third best player in the world after Lionel Messi and Cristiano Ronaldo. And he's now the most expensive.
He's set to take in $350 million over the next five years. In total, the Parisian club will invest over $600 million in their new star.
Transfer values have grown exponentially, and some experts speculate that, as television viewership grows, those fees will continue to rise as well. Last year, Paul Pogba moved from Juventus to Manchester United for a record-breaking $116 million. In 1990, Juventus broke the record when they spent $11.6 million on Italy's Roberto Baggio.