Chelsea and Manchester City have been dealt a blow after Neymar ruled out the possibility of moving during the January transfer window, by insisting his short-term future remains with Santos.
Sky Sports reports how the 20-year-old forward - who already has 27 senior caps for Brazil - has been heavily linked with a move to Europe, with Spanish giants Real Madrid and Barcelona both credited with an interest in the player's signature.
Last week there were rumours circulating that Manchester City's director of football Txiki Begiristain had travelled to South America to open talks with Neymar's representatives over a possible move to the Etihad Stadium.
However, Neymar has moved quickly to play down speculation he is set to sign for Roberto Mancini's reigning Premier League champions, insisting that he wants to stay at his boyhood club.
"I am happy at Santos, with my family, son, friends, so it's not the moment to leave," he told TV Bandeirantes. "That moment will come because I have the dream of playing in Europe since I was a kid.
"But that moment hasn't come yet. Today, I don't see myself playing for any other team [but Santos]."
Chelsea have been monitoring Neymar's situation for some time, and attempted to lure him to Stamford Bridge during the summer. It is unlikely they will step up their pursuit of him in the forthcoming transfer window, under the temporary stewardship of Rafa Benitez, but could renew interest at the end of the 2012/13 campaign.
Finding a new club will not be the player's only priority next June, though, with Brazil due to defend their Confederations Cup title on home soil, with Neymar eager to help his nation retain the trophy.
"I would be lying if I said I am not thinking about the Confederations Cup," he added.
"I had two opportunities to play competitions for the national team, one in the Olympics and another in the Copa America, and I feel I am even more prepared now.
"I am very eager and I hope I will do a good job so we can win the title."