Neymar delighted with new deal

It confirms he will be at the club until next summer, meaning he will be able to compete for Brazil at the London 2012 Olympic Games.

Neymar said: “I am very happy, it is a decision I took with my family.

“I would like to thank these clubs for the interest they have expressed in me as a footballer, but it is important to make choices in life and my choice was Santos.”