The Brazil star has been linked with Real Madrid almost since his first day in Paris, following the £200m from Barcelona.
Florentino Perez has been desperate to land Neymar, and wants him to be the long-term heir to Cristiano Ronaldo, who joined Juventus last summer.
But, according to Paco Gonzalez in El Partidazo de COPE, Real Madrid are out of the race.
Real Madrid, who seemed prepared to land him last summer look to have made up their mind based on their fans’ feelings towards the former Barcelona player.
Neymar’s antics over the last 12 months have not gone down well with Madrid fans, according to Gonzalez.
Neymar’s name has constantly been connected with Madrid and reports of him being unhappy in Paris have followed him over the last 18 months.
But there is a feeling now that he would prefer to move back to Barcelona and supposedly fans aren't keen to see him line up in white.