Paris Saint-Germain reportedly had no intention of selling Neymar for anything less than £272m.
Throughout the summer transfer window, Neymar has been keen to secure a move away from the Parc des Princes, preferably in order to be reunited with former club Barcelona.
However, despite prolonged negotiations between the two parties, it was claimed over the weekend that Neymar had opted to stay in France's capital as a result of little progress being made during negotiations.
While a cash-plus-players proposal was widely suggested as a possibility, Le Parisien says that only an offer of £272m would have pushed through a deal.
The report indicates that PSG chief Nasser Al-Khelaifi met with fellow boardroom members to confirm his stance over the future of the world's most expensive player.
Despite having played no part of PSG's opening four Ligue 1 fixtures, Neymar will hope to be involved when the top-flight champions face Strasbourg on September 14.
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