Emery told a press conference on Friday thereby confirming speculations about his future with the Parisians.
"After an hour-long meeting between friends, I will leave with respect".
PSG became the first in the history of the Champions League to be eliminated from the knockout stage after winning the first match 4-0, losing 6-1 away to Barcelona in the return leg of the last 16. "The first six months were hard after the departure of (Zlatan) Ibrahimovic; for the team to adapt to me and for me to adapt to the team".
Unai Emery will step down as PSG manager after two seasons at the French club.
"And Neymar wants to grow with the club", said emery.
"His vast passion for football and his commitment to the job have allowed the club to continue to anchor itself among the elite of French and global football", said Al-Khelaifi in a club statement.
"If they ask me, I will help the new coach". His vast passion for football and his exceptional work ethic saw the club cement its place amongst the football elite, both in France and internationally.
However, his failure in Europe's elite club competition has come at a price, after Emery announced his departure this week.
PSG will have the chance to win the Coupe de France for the second consecutive year when they face third-division side Les Herbiers in the final on May 8.