Neymar was reportedly ready to accept a loan for Chelsea in the summer but Newcastle were the only club to meet PSG’s demands.
The Brazilian star appeared to be on his way out of Ligue 1 after Kylian Mbappe asked to sell him.
There have been rumours that Chelsea and Newcastle’s Premier League teams are interested in signing Neymar, but the move has not materialised.
PSG has not received any confirmed offers for the attacker.
One step Neymar looked at with “good eyes” was a loan for Chelsea, but no negotiations came, according to El Pais via Sport.
Blues’ new owner Todd Boilley spent more than £250m in the summer window as he looked to put his stamp on the club.
With Stamford Bridge signing the likes of Mark Cocorella, Wesley Fofana and Pierre-Emerick Aubameyang, there is little room left for the Brazilian player.
Another approach from the Premier League, this time from Newcastle, failed to reach Neymar’s expectations
The report also notes that the Magpies have “all the money in the world but their project is still the opposite of what the Brazilian wants.”
Newcastle instead signed Real Sociedad forward Alexander Isaac for £63 million scored twice in their first three games.
But the Swedish striker suffered a groin injury that ruled him out until December.