Qatar’s PSG splash out $83m on striker Cavani

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Qatar-owned soccer club Paris St Germain have splashed out $83m on Uruguayan striker Edinson Cavani, as the French side prepares to defend its Ligue 1 title.

The 26-year old scored 78 goals during the last three seasons for Italy’s Napoli, where during the last year campaign he top scorer in Serie A, and has signed a five-year deal with the Parisians.

Qatar Sports Investment, owned by the rich Gulf state’s sovereign wealth fund, fully acquired Paris St Germain from US-based Colony Capital last year.

"The transfer of Edinson Cavani is further proof of the club's ability to attract the best players in the world," said Paris St Germain president Nasser Al-Khelaifi.

"The player was seduced by the club's sporting project and is delighted to be joining an ambitious side, impatient to take on new challenges. We are especially happy to present such a hugely coveted player of immense talent to our supporters," Al-Khelaifi.

Cavani is now the most expensive player transfer in the history of French football, surpassing the $75m rivals Monaco paid Atletico Madrid for Colombian striker Radamel Falcao earlier in the summer.

This summer Paris St Germain have also signed Swedish forward Zlatan Ibrahimovic from AC Milan for about $20m, and have also appointed former French international Laurent Blanc as head coach.

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