Real Madrid have issued a strong denial after reports in Spain claimed a world-record offer has been made to Paris Saint-Germain to buy Neymar.
The Brazil superstar has been linked with Madrid ever since leaving LaLiga rivals Barcelona for PSG last August.
PSG paid a world-record €222million to trigger Neymar's release clause but, although the forward fired the club to a domestic treble, reports have indicated he has failed to settle in Paris.
Spanish public broadcaster TVE reported on Monday that Madrid have offered PSG €310m (£275m/$360m) to bring the Brazilian back to LaLiga.