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Paris Saint-Germain’s Brazilian forward Neymar has ended his association with Nike. Photo: AFP

Neymar and long-time sponsor Nike part ways with Puma touted to step in

  • Media reports say the Paris Saint-Germain and Brazil talisman was in talks with Nike’s German rivals Puma

Nike said on Saturday it had parted ways with Neymar, ending one of its most high-profile sponsorship deals a decade and a half after signing the star striker as a 13-year-old prodigy.

“I can confirm Neymar is no longer a Nike athlete,” a spokesman for the US sportswear giant, Josh Benedek said without giving further details.

Media reports said the 28-year-old Paris Saint-Germain and Brazil talisman was in talks with Nike’s German rivals Puma.

Brazilian news site UOL said Neymar and Nike had failed to reach a deal on how much money he would be paid for renewing his contract.

Neymar reacts to defeat after the final whistle of the Uefa Champions League final. Photo: DPA

It said negotiations between the company and the footballer’s agents had run into trouble months ago.

Neymar’s communications team did not immediately respond to a request for comment.

Puma likewise did not immediately respond to questions about reports the company was in talks to sign him.

Neymar, who is fresh off the heartbreak of narrowly losing the Champions League final to Bayern Munich, currently holds the record for the most expensive football transfer in history.

PSG paid 222 million to bring him from Barcelona in 2017.

Forbes magazine, which ranks him the world’s seventh highest-paid celebrity, estimates his earnings for this year, including sponsorship deals, at US$95.5 million.

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