Neymar’s move to PSG will cost the French soccer giant more than $500 million

Neymar will become the highest-paid footballer in the world.Manu Fernandez/AP

The much-anticipated move of Neymar to Paris Saint-Germain is expected to be announced this week after the football superstar told Barcelona he was leaving, according to several reports.

According to the UK Guardian, Neymar reported to Porto for a physical on Wednesday, which would clear the way for him to be introduced as the newest member of the French soccer giant on Thursday or Friday.

Once completed, the move will become the most expensive in soccer history, and will eventually cost PSG $528 million.

PSG is expected to pay Neymar’s transfer fee of $263 million (€222 million) “in full,” according to the BBC. On top of that, Neymar will receive a five-year contract and will be paid an annual salary of $53 million (€45 million), making him the highest-paid footballer in the world.

Neymar would surpass Carlos Tevez as the highest-paid footballer. Tevez is reportedly making $42 million per year for the Chinese Super League club Shanghai Shenhua.