Los Blancos president Florentino Pérez is hoping Uefa sanctions could force PSG into having to sell Neymar and he is ready to splash 300 million euros (£270m) on the forward, reports Spanish media outlet Sport.
Madrid have not brought in a replacement for Cristiano Ronaldo, who was sold to Juventus for €100m this summer, but after their defeat to bitter rivals Atletico Madrid in the UEFA Super Cup, there is concern at the Bernabeu that another superstar is needed.
With less than two weeks before the transfer window closes, Madrid are ready to bring in former Barcelona winger Neymar if PSG are handed a serious punishment for breaching Financial Fair Play regulations.
PSG are owned by the Gulf state of Qatar, via its Qatar Sports Investments fund and they are being investigated by UEFA over money paid into the club in the form of sponsorship.
In 2013, UEFA introduced FFP ‘break-even’ rules, requiring clubs to balance their spending with their revenue.
Money paid into the club by its owner is not treated as income and the value of any sponsorships is assessed to be sure it holds a fair value or market price.
It is reported that the Qatar Tourism Authority is paying in around €120m into the Parisian club every year.
In 2017 PSG’s finances came under scrutiny following the club spending £198m signing Neymar from Barcelona and then following this up with a loan transfer, with an option to sign, for French striker Kylian Mbappé, in a deal valued at £167m.
The ruling of UEFA’s appeals committee will arrive at the end of August and PSG believe they have everything in order but are aware they could face possible sanctions – they have previously been punished for breaking FFP rules in 2014.
Real Madrid boss Julen Lopetegui is reportedly looking to not only bring in a new striker, but is also in the market for a centre back and left back, with the Spanish giants being interested in Chelsea defender Marcos Alonso.
Madrid are also looking at other options, if the Neymar deal does not go ahead, with
Inter Milan’s Mauro Icardi, Valencia’s Rodrigo and RB Leipzig’s Timo Werner, seen as possible replacements for Ronaldo.