Neymar will be sold by Paris St. Germain to Saudi Pro League team Al-Hilal for an estimated price of 90 million euros (£77.6 million) plus add-ons.
The 31-year-old must finish all the documentation and pass a medical examination before being transferred.
Neymar, who joined PSG in 2017 for a record-breaking 222 million euros, was absent from Saturday’s Ligue 1 opener.
He is not included in coach Luis Enrique’s plans for the new season.
Additionally, it is in line with PSG’s goal to depart from the ‘Galacticos’ period of acquiring well-known players for hefty sums of money and exorbitant salaries.
On the French side, Neymar was reported to make around 25 million euros ($21.6 million) every year.
After having fruitful conversations with the club, Kylian Mbappe of PSG was reintegrated back into first-team training just 24 hours prior to the news of the Neymar deal.
The 24-year-old attacker from France had been at odds with PSG over a contract since he wanted to play for Real Madrid, but he can now do so because his current deal is set to expire next summer.
Source: BBC