Recently most talked Brazilian Neymar now stopped all rumors and signed a new 5 year deal with his old franchise Barcelona.

Earlier also Neymar said that he likes to continue to play for Barcelona as compare to Real Madrid.

Before 2 days Man Utd new boss also showed his interest to deal with Neymar and Jose Mourinho was ready to give allout for this deal.

Another Club PSG also showed his interest on Neymar after loosing Zlatan Ibrahimovic in recent swaps as he was confirmed that this year he played for Man Utd.

His new release clause will be worth €200m for the first year, rising to €220m for the second and then to €250m for the final three years.

"FC Barcelona and the player Neymar Jr. have signed a contract extension for the footballer which will keep him at the Club for the next five seasons, until 30 June 2021," the club statement read.

"The player’s buy out clause has been fixed at 200 million Euros for the first year of his contract, 222 million for the second and 250 million for the remaining three years.

"On 15 July in Barcelona, before the player joins up with the Brazilian national side for the Olympic Games, the agreement will be presented formally."

Neymar joined Barcelona from Santos in 2013 and scored 24 goals in La Liga last season.United were hoping to capitalise on a negotiation break down over a new deal.

“He doesn’t want to leave Barca and we want him to stay," Bartomeu told a press conference in Spain."In the next few days we’ll confirm his renewal for five seasons.

"There have been reports many clubs were interested in him and that’s normal, but he wants to stay and we want him to stay.

“We’re tying up the loose ends and we’ll announce it in the coming days.

"The lawyers are looking at everything because we want this to be a long-term contract, so we have to act with great care.”

The 24-year-old has won two La Liga titles and the Champions League since joining the Catalan side