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Florentino Perez is preparing a €300m (£269m) bid for Neymar after Real Madrid's defeat to Atletico Madrid in the UEFA Super Cup.

Los Blancos lost Cristiano Ronaldo to Juventus this summer and has so far failed to replace the Portuguese.

Paris Saint-Germain would be reluctant to even entertain any offers, even those above the world record £200m they paid for the Brazilian.

But Sport believe the French side may incur a hefty penalty for breaching Financial Fair Play regulations.

And if that transpires, the Real president will be waiting with an enormous offer for the No.10.

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