Álvaro Luis Ribeiro has hinted Chelsea remain in the frame for Santos star Neymar.
Santos are willing to part with Neymar - but only for his £38 million buyout clause.
Real Madrid's interest has been confirmed, but president Ribeiro warned: "There's not only Real Madrid, many important clubs have called us. It is no surprise, it would be strange if they were not interested.
"If they pay the clause and the player wants to leave there's nothing Santos can do."
Chelsea's appointment of Portuguese Andre Villas-Boas could boost their chances in convincing Neymar to choose London as his next destination.
