Santos president Luis Alvaro de Oliveira Ribeiro is threatening to report Real Madrid to FIFA if they continue their pursuit of Brazilian starlet Neymar.
Neymar has a €45 million buyout in his contract and reports have suggested that he has already agreed personal terms on a contract at the Bernabeu. However, Ribeiro is angry if this proves to be the case as he has repeatedly insisted that Santos will be keeping hold of the youngster, at least until January.
"If Real Madrid or any other club [that has approached Neymar] decides to meet his buy-out clause, we have no other option but to report them to FIFA for approaching the player without our permission. Negotiations have been stalled and won't be re-opened," Ribeiro told Terra.
"Real Madrid spoke with Neymar's management in Paris and made an interesting offer. I've told him that we won't let go of him though and he wants to stay with us, too.
"I can assure you that Neymar will play for Santos at the Club World Cup. I have already said it before and that's the way it is."
Neymar, 19, is tied to Santos until the summer of 2015, but Europe's top clubs, including Real Madrid, Barcelona and Chelsea are ready to spend big when he decides he is ready to move on.