Neymar signs new five-year Barcelona contract after rejecting interest from Manchester United and PSG

• Neymar has finally put pen-to-paper on a deal until the summer of 2021
• Barcelona ace was wanted by Man United and PSG, according to his agent
• The 24-year-old has a buyout clause of £180m in the first year of his deal
• Clubs must pay £200m for Neymar in the second year and £225m after
• Barca announced that a deal in principle was agreed with Neymar in July 
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  Neymar signed his new five-year contract at Barcelona on Friday with a buy-out clause that will eventually rise to £225m.
  The 24-year-old sat down with Barcelona president Josep Maria Bartomeu to put pen to paper on an agreement that keeps him at the club until 2021.
  His buyout clause was set at £171m on his original deal but now rises to £180m in the first year, £200m in the second and £225m for the last three years.
  

  Neymar shakes hands with Barcelona president Josep Maria Bartomeu after signing a new deal
  

  
  

  The Brazilian posted this picture on his Instagram account as he puts pen to paper on new deal
  

  
  

  The Brazilian forward celebrates after scoring against Manchester City on Wednesday night
  
  
  With the deal's completion Barcelona hope they have finally managed to ward off interest from Paris Saint-Germain and the Premier League.
  Neymar, who missed a penalty and scored on Wednesday in the 4-0 win over Manchester City, played his 150th game for the club in that victory.
  His return of 90 goals plus two leagues and two Spanish Cups and a Champions League have made him a huge on-the-field success despite the off-the-field problems the club have faced because of his original transfer from Santos. 
  

  
  

  Neymar netted Barcelona's fourth goal against City to complete a 4-0 victory for his side
  

  
  

  Luis Suarez, Neymar and Lionel Messi (L-R) talk before a free-kick against visitors City
  

  
  

  Neymar takes on City defender Pablo Zabaleta during Barca's Champions League victory
  Neymar was paid £4.5m in net salary when he first joined although Barcelona were accused of using a £36m payment to his parents company N&N as 'disguised wages'. This season his salary was understood to stand at £8.2m net but the new deal will take him to around £15.9m net per season, rising to a potential £22.5m with bonuses.
  Barcelona coach Luis Enrique said on Friday: ‘It’s great news. It shows the level he is at and and how he has improved since his arrival. It’s also great news because it shows he is happy here with his team-mates. He is already one of the best in the world without doubt.'
  Barcelona must now turn their attention to the best in the world. Leo Messi’s current deal runs out in 2018 and will be the next player to commit his future to the club.
  

  
  

  Neymar posted this photo of himself with Suarez and Messi after the Argentine's hat-trick