Real Madrid are reportedly willing to pay £300million to prise Neymar away from Paris Saint-Germain.
It would eclipse the £198million PSG spent on the Brazilian in 2017 to sign him from Barcelona.
SPORT claim that Madrid are weighing-up a world record bid for the 27-year-old and will offer him wages of £40million over five seasons to make him the highest earner in football.
Neymar has long been on the radar of the La Liga giants and president Florentino Perez wants to lure him to the Bernabeu.
Perez has reportedly lost patience with giving youth a chance at the club after their premature exit from the Champions League to Ajax and their falling behind Barcelona in Spain.
Cristiano Ronaldo was never replaced with a big name at Madrid following his £100million summer switch to Juventus.
Signing Neymar would be the big statement the club will want to make.
The forward reportedly does not feel settled in Paris and may consider his future at the club after they were knocked out of the Champions League to Manchester United last week.
PSG may not be able to resist an offer of such magnitude amid Financial Fair Play concerns with UEFA still to decide on whether to investigate alleged breaches.