Neymar extends Santos contract

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Brazil striker Neymar has halted speculation linking him with a move to Europe after agreeing a contract extension with Santos until at least the 2014 World Cup.

Neymar has long been a reported target of Chelsea although Spanish giants Real Madrid and Barcelona were very much leading the chase for the 19-year-old's signature.

The highly-rated frontman, who has scored eight times for Brazil in just 15 appearances, has repeatedly denied his interest in leaving for one of Europe's elite sides, and on Wednesday backed up those words by committing to his current club until the World Cup is held in his homeland in three years' time.

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