New Chelsea manager Andre Villas-Boas has pinpointed the Brazilian starlet as a priority target but sources in Spain have revealed that Neymar is now set for La Liga.
It has been reported the 19-year-old is ready to pen a six-year deal worth around £26.75m with Madrid as soon as the two sides can agree a fee.
Santos have insisted they will not discuss the deal until after the second leg of the Copa Libertadores against Penarol tonight but will demand £40m from Madrid when they open talks.
But it is still not clear whether the La Liga side are prepared to pay so much for a relatively unproven teenager, leaving Chelsea with a glimmer of hope of still completing a deal.
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