Real Madrid president Florentino Perez is willing to make a world record bid for PSG star Neymar before the summer market shuts.

Sport says Real are monitoring the situation closely due to the possibility of UEFA sanctions being handed down to PSG.

And Perez is lining up a huge €300m bid to make the deal happen.

They temper the news, however, by reporting that such is bid is only likely to be tabled should PSG be forced to sell due to UEFA handing them a serious punishment.

The governing body are currently investigating certain sponsorship deals presented by the Parisian club.