Neymar will be sold by Paris St. Germain to Saudi Pro League team Al-Hilal for approximately 90 million euros (£77.6 million) plus add-ons.
The Brazilian international, who will sign a two-year contract, is having his medical today and is anticipated to transfer in the following 48 hours.
He must finish the required documentation and a medical exam before being transferred.
Neymar, who joined PSG in 2017 for a record-breaking 222 million euros, was not included in the team for their Ligue 1 tie with Lorient on Saturday.
He wasn’t in Luis Enrique’s plans for the upcoming campaign.
On the French side, Neymar was rumored to make around 25 million euros ($21.6 million) every year.
He will reportedly be paid 150m euros (£129.2m) a year in Saudi Arabia – six times the amount he earned at PSG.
The Brazilian made 173 appearances for PSG, helping the club win 13 trophies, including five Ligue 1 titles, as well as reaching the 2020 Champions League final.
However, numerous ankle problems have made his tenure in the French capital difficult.
The former Barcelona player missed the remainder of the season due to surgery in March, and he didn’t start working out again until July.
After getting hurt in Brazil’s opening group play at the 2022 World Cup, he missed two of their games.