Why Real Madrid Haven't Made An Official Offer For Neymar Yet

French Cup - Round of 32 - Paris St Germain v RC Strasbourg
Soccer Football - French Cup - Round of 32 - Paris St Germain v RC Strasbourg - Parc des Princes, Paris, France - January 23, 2019 Paris St Germain's Neymar during the match. (Photo: REUTERS/Charles Platiau)

Real Madrid are still interested in signing Neymar, but they've yet to make an official approach for the Paris-Saint Germain forward. Sporting director Leonardo Araujo's valuation is deemed too high by Los Blancos that they're not willing to pay for it.

It is understood that PSG is holding out an offer that would see them recoup the £200million they spent on Neymar in 2017. But Real isn't interested in shelling out that much, especially that they've already spent so much this summer.

"[Real] Madrid have not got fully involved in the signing because Leonardo's expectations are too high," a source currently with Neymar's family told AS.

To increase Real's transfer budget, it would mean Zinedine Zidane would have to sell players just to sign the Brazilian. The Spanish club have already spent £170m net this summer, including £90m on Chelsea's Eden Hazard.

Real has also spent £41m on Rodrygo, £43m on Ferland Mendy, £45m on Eder Militao, and £54m on Luka Jovic.

What's surprising is that Juventus suddenly decided that they want Neymar for themselves. The club have reportedly offered PSG a huge sum that includes Paulo Dybala.

Juve reportedly offered around £165m, but no word has emerged whether PSG will accept it or not. However, Neymar is believed to prefer a move to his former club Barcelona, and reports claim that the Brazilian star regret the decision of leaving in the first place.

Barcelona are working to bring Neymar back to the Nou Camp, after hearing about interest from other parties. They sold the player to PSG two years ago after triggering his Barca contract release clause.

At PSG, Neymar had hoped of winning the Champions League and step out of Lionel Messi's shadow. But they failed to do so and were knocked out of the battle by Real Madrid last year in the round of 16. A year later, they were defeated by Manchester United.

However, a report from Le Parisien claims that PSG is not interested in a loan deal Barca offered. It was reported the bid from La Liga's champion would be for a temporary move, but PSG wants an outright transfer so it can find a replacement for the forward, amid reported interest in Juventus playmaker Paulo Dybala. There are also reports that Barca is willing to accept a £146m purchase option payable by installments.

While it is implied that Neymar wants a move back at Barca, Spanish media report that the chance of him landing at Real is much stronger, albeit the lack of offers.

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