Santos legend Pele is happy Neymar resisted offers from Real Madrid and Chelsea to remain with the Brazilian club.

Neymar inked a new deal with Santos last week.

"Neymar is a Prince and I think that he is good here. I have followed him since last year and convinced the manager that I had knowledge that he was not yet ripe for Europe.

"I played all my life and was happy at Santos. Neymar can stay and be happy too. He is already making a lot of money ..."