Real Madrid Denies Reports of Making Bid for PSG's Neymar

The Brazilian became football's most expensive player when he left Barcelona, signing for Paris Saint-Germain (PSG) in a €222 million ($261 million) deal in August 2017.

Real Madrid has denied reports that they made a bid for PSG forward Neymar, who has a contract with the French champions until 2022.

"The relationship between the two clubs is extraordinary so that if at some point Real Madrid were considering signing a PSG player, the first thing the club would do would be to make an official approach," the statement read.

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Numerous media outlets have reported that the Spanish club was ready to offer about €260 million for Neymar.

The Brazilian superstar became football's most expensive player when he signed for Paris Saint Germain (PSG) in a €222 million ($261 million) deal in August 2017. During the 2018 FIFA World Cup in Russia, Neymar scored one goal during the group stage — against Costa Rica, and one in the Round of 16 game against Mexico, earning a victory for Brazil. However, his team lost to Belgium 1-2 in the quarter-final game.