Santos president Luis Alvaro de Oliveira Ribeiro has insisted that Neymar will stay at the club until at least 2014.

Neymar is believed to be a transfer target for a number of Europe's elite clubs but Santos are determined to hang on to their star player for at least two more years.

"It is impossible for Neymar to leave Santos before 2014," Ribeiro told Mundo Deportivo. "When I sign a contract I fulfil it, and the player wants to do the same.

"I do not think of a player as a product, but as a human being. What Neymar generates for Santos over all the years he is here would more than compensate for him leaving for free. Neymar is happy here, and we will not give up persuading him to stay.

"Neymar will be in charge of his own future in 2014."

Real Madrid and Barcelona have both been linked with a bid for the Brazilian this summer.