Madrid deny report of $360m offer to buy Neymar

MADRID, July 03 (AP): Real Madrid has denied a report that it has offered to buy Neymar from Paris Saint-Germain for a world record transfer of 310 million euros ($360 million).

Madrid says the report by Spanish public broadcaster TVE is "absolutely untrue," adding the team "made no offer of any kind to PSG or the player."

The statement was published hours after Neymar scored to help Brazil beat Mexico 2-0 and advance to the World Cup quarterfinals.

Paris Saint-Germain is under pressure from UEFA to raise cash from selling players. The French club needs to help comply with "Financial Fair Play" rules which monitor overspending on transfers and wages.