Neymar is still to ink his new deal with Santos, it has been revealed. For all the bluster coming from Santos, it's emerged Neymar is yet to pen his new contract - so opening the door to a sensational January move to Europe.

Real Madrid, Barcelona and Chelsea are all chasing the Brazil international.

Folha de Sao Paulo says Santos have failed to register the agreement with the Brazilian Federation, so leaving them exposed to losing Neymar next month.

A bid of £40 million could be enough to land the wing sensation.