Earlier, Barcelona said in a statement on their website that his legal representatives, "visited in person the club's offices and made the payment of 222 million euros in the player's name with regards to the unilateral termination of the contract that united both parties". It is a dream come true for all the PSG fans and for French football in general as well.
Neymar said it was "the most hard decision" of his life to leave Barcelona and join PSG.
Neymar has been bought to bring Champions League glory to PSG's Qatari owners and on this evidence he won't be needed for humdrum domestic matters as the newly-promoted visitors were nonchalantly dismissed.
The mood is understandably more sombre in Barcelona where attention has turned to who the Catalans can sign to replace Neymar in the month before the transfer window closes.
Since I arrived in Europe, the club has always been one of the most competitive and most ambitious. "I will speak with the staff and wait for the green light, but this is what I love to do - play football". "And the biggest challenge, what most motivated me to join my new teammates is to help the club to conquer the titles that their fans want".
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A little more than 12 hours after his transfer from Barcelona was confirmed, the Brazilian was introduced as a PSG player in front of the world's media at the Parc des Princes just after lunch on day. "I'm really sad that some people think this is the case".
The fact that Neymar wanted to leave La Liga and Barcelona for the unfancied Ligue 1 and PSG may well signal a changing of the guard, for Barca at least, with the player himself talking about the new challenge he wanted the face and the fact that he feels there is more in football than just Barcelona.
The club's shop on the Champs-Elysees was adorned with images of Neymarand hundreds of fans queued to get their hands on a replica shirt of their new number 10, which set them back over £100. He did not come here for money I can assure you.
In 2013 when Neymar moved from Santos to Barcelona, it was for a then reported fee of €57 million, but due to numerous factors the transfer cost the Blaugrana over €100 million.
He joins fellow Brazilian and former Barcelona team mate Dani Alves in the French capital after he joined from Juventus.
PSG President Nasser Al-Khelaifi said Neymar shared the club's hunger for titles and trophies rather than financial rewards.