Santos president Luis Alvaro de Oliveira Ribeiro insists there's been no agreement with Barcelona over the sale of Neymar.

Neymar is constantly linked with a move to Spain with both Barcelona and Real Madrid manoeuvring for his signature.

But Ribeiro told Radio Estadao ESPN: "Neymar is happy, he is playing well and more importantly, he is paid very well. Let's see if he stays [after 2014].

"People have to convince themselves that Neymar will stay and that will happen for an obvious reason: if he stays until the end of his contract, any money involved in an eventual negotiation will be Neymar's. If Santos sell him before that, Santos will get that money.

"Santos don't need to sell players. Our cash flow doesn't include money from selling players. Santos are a club and as such have the objective of winning titles. And Neymar is the player that gives us more chances of achieving that."