Real Madrid 'preparing €350m offer for Neymar' as Bernabeu club's big summer rebuild takes shape

The Spanish giants have long wanted to bring the Brazil international back to La Liga

Real Madrid and Paris Saint-Germain are both engaging in a week of soul-searching after painful Champions League eliminations played out in front of their own fans.

Madrid were dumped out by a youthful Ajax team on Tuesday night , the Dutch side winning 4-1 in front of a stunned Bernabeu to trigger a chain reaction which will almost certainly see a new coach, several new players and a different-looking Madrid next season.

PSG took their heartbreaking late defeat to Manchester United fairly badly too, with club president Nasser al-Khelaifi reportedly destroying a door in anger and then Neymar attempting to gain access to the referees' room at the Parc des Princes. Staff had to restrain the Brazilian.

With Neymar's post-match rant on Instagram doing him no favours, the injured forward continues to be more of a problem for PSG than he is a prize.

When they unloaded a world-record £200m to pay his release clause and sign him from Barcelona it was a statement that PSG were now one of Europe's elite but their on-field results are yet to support that. Neymar, once seen as a solution to their lack of progression in the Champions League, may be expendable now given the rise and rise of Kylian Mbappe as the team's real superstar.

And with both clubs in tumult, Barcelona-based newspaper SPORT has claimed that Real Madrid will make Neymar a world-record buy once again, bidding €350m for the 27-year-old star.

Florentino Perez has had an eye on Neymar for many years, indeed the player nearly signed for Madrid ahead of Barca while with Santos in his native Brazil and those around the Bernabeu have long claimed Neymar's move to PSG was part of a bigger plan to eventually get to Madrid.

That is increasingly being believed in Catalonia too, it would appear, where Mundo Deportivo also report that Real Madrid lead the chase for Neymar. The Brazilian would become the best-paid player on the planet with a salary of €45m (£38.7m).