Neymar’s former club President Santos Jose Carlos Peres has expressed his joy at reports of that Real Madrid are interested in signing Paris Saint-Germain star.

Reports in Marca this week have claimed the Brazilian could be on his way to the Barnebau this summer from the Parisian club.

The Brazil international joined the Parisian club from Barcelona in a world record €222m back in the summer of 2017 and has been linked with a return to Spanish football since.

“I want to speak about the Neymar issue,” Peres said in Brazil’s Oglobo Esporte.

“I read a report in Marca which spoke of the increasing possibility that Neymar was going to join Madrid, which would be very good news for us.

“We have a four percent option because of the fact he came through our system, we formed him, so this would be an excellent bit of business for us and all money is welcomed.”