Chelsea FC

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Chelsea target Neymar pens Santos deal

20 Aug 2010 - 08:23:25

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Chelsea's hopes of landing Neymar appear to be over after the Brazilian teenager penned a new five-year contract with Santos.

The 18-year-old has been linked with a transfer to Stamford Bridge for much of the summer but has now decided to pledge his long-term future to the Brazilian club.

"The final decision always rests with the player," Neymar told reporters. "My father always will want what is best for me. I talked to him and decided to stay.

"Money alone does not bring happiness. I'm happy here and I want to continue being so. It was a complicated decision, very difficult. But God gave us the wisdom and power to make the best decision.

"Now it's time to only think about Santos and winning more titles."

Santos' president Luis Alvaro added: "It's a courageous decision to stay in Brazil. We've built a different possibility.

"We no longer accept the idea that we're an underdeveloped nation always at the mercy of the powerful European clubs."