Neymar signs new Barcelona deal: Manchester United target 'commits' to Barca until 2021

United were linked with mammoth £120m bid for the striker during the summer

Neymar in action for Barcelona

Manchester United target Neymar has signed a new contract with Barcelona until 2021, according to reports in Brazil.

The deal will make him the second-highest paid member of Barcelona's squad, behind Lionel Messi.

ESPN Brazil have reported that the new contract was signed in December when Barcelona were in Japan for the Club World Cup, but an announcement was held up because of issues surrounding the striker's recent tax cases with Spanish and Brazilian authorities.

United had been linked with the 24-year-old throughout the summer, with reports claiming the Old Trafford club were preparing a mammoth £120m bid for the player.

Neymar joined Barcelona in June 2013, and has scored 77 goals in 125 games for the club.

During his trophy-laden spell with the Catalan giants he has won six major honours with the club, including the treble of La Liga, Copa del Rey and the Champions League last season.