Neymar has completed his move from Paris Saint-Germain to Al Hilal on Tuesday.
Both clubs agreed a transfer fee of €90million for the Brazilian.
“I’m here in Saudi Arabia. I’m Hilali,” Neymar said in a video announcing his signing.
Neymar will link up with new teammates Kalidou Koulibaly, Rúben Neves and Sergej Milinković-Savić, who all made the move to Al Hilal earlier this summer.
Al Hilal are one of four clubs — along with Al Nassr, Al Ahli and Al Ittihad who were taken under the ownership of Saudi Arabia’s Public Investment Fund in June as part of the country’s “Sports Clubs Investment and Privatization Project.”
Neymar has reportedly been offered a two-year contract expected to pay an annual salary of around $100 million. That would be around half of the reported salary Cristiano Ronaldo is being paid by Al Nassr.
“A marvelous talent … who attracts the attention of everyone,” Al Hilal wrote of Neymar in their social media post.
Neymar, 31, joined PSG in 2017 when the club — owned by Qatar Sports Investments — paid a still-world-record transfer fee of €222m to pry him away from Barcelona.
He scored 118 goals in 173 appearances for the Paris club and won numerous trophies, including five Ligue 1 titles, but was increasingly a target of fans’ frustrations as the club failed to win the UEFA Champions League.