Neymar admits to being flattered by Real Madrid's interest in his services but insists no deal has been done.
The Brazilian forward is set to spark a frenzied scramble for his signature this summer, with it widely accepted that a big-money move is on the cards.
His current employers Santos are clinging to the hope that they can persuade him to spend at least one more season in his homeland, but the chances of that happening are fading fast.
Success in the Copa Libertadores would help their cause, but a move to Europe appears to be on the cards.
Premier League giants Chelsea have been strongly linked with the talented teenager for some time and had hoped that this would be the year in which they got their man.
Reports, however, suggest that the Blues are reluctant to meet Santos' asking price, which is believed to stand at some €45million (£39.5m).
Their reluctance to splash the cash has left the door ajar for the likes of Real Madrid, who are prepared to bankroll such a deal.
Neymar is aware of the mounting speculation linking him with a switch to the Spanish capital but insists his future is no nearer to being decided.
"It is flattering to know that Madrid like me but nothing has been agreed yet," he told AS.
Neymar's father has also revealed that any potential transfer this summer 'must wait' as his son his currently fully focused on Santos' bid for Copa Libertadores glory.