The 25-year-old is now officially the most expensive football player, smashing the previous £89.3 million transfer record set by Paul Pogba when he moved to Manchester United last year.
Neymar is reported to rake in an estimated yearly income of €30 million (RM151 million) following the transfer.
Below is an infographic featuring the nine most expensive players to date with their respective transfer fees:

Infographic by Nur Alya Mohamed