Paris Saint-Germain has announced the signing of Argentina international player, Lionel Messi, for a fee that could reach as much as €50 billion.
The transfer is a major coup for PSG, who have long been considered one of the most successful clubs in world football. The club's president, Nasser Al-Khelaifi, said: "We are thrilled to welcome Lionel Messi to Paris Saint-Germain and we believe he will be a fantastic addition to our squad."
Messi, who turns 34 next month, has spent his entire career at Barcelona, where he has won a record-breaking seven La Liga titles and four Champions League trophies. He has also played for Argentina at both the World Cup and Copa America, winning the latter twice with the country.
PSG have already made several other high-profile signings this summer, including Neymar Jr., who joined from Barcelona for a reported £222 million ($311 million). However, Messi's arrival has raised even more eyebrows among fans and critics alike, given the size of the fee.
Despite the controversy surrounding the transfer, PSG remain confident that they have made a smart investment. They say that Messi will provide the team with additional goals and creativity, which will help them compete at the highest level of European football.
For now, it remains to be seen whether Messi can live up to the expectations of such a large sum of money. But one thing is certain - if he does, it will be a significant achievement for PSG and a major turning point in their history.