A recent report in Mundo Deportivo suggests that City were willing to let Santos name their price to purchase the 21-year old but Ribeiro indicates he will flatly refuse their proposals or that of any other interested club.
"I anticipate my answer to any bids that might come: the answer is no," he said.
"Neymar will stay at Santos until 2014, and I hope that he'll continue here for even longer."
"He costs us a relatively modest amount of money, given his talent. His presence translates into intangible gains, like our fan base growing 20% in the last two years."