Neymar has ended talk of leaving PSG by triggering a five-year contract extension.
The 30-year-old has been linked with a move to clubs including Chelsea and Newcastle following reports that PSG had informed the player that he was no longer wanted.
But Sport says Neymar has opted to exercise the option on his contract, which would keep him in Paris until 2027.
Neymar is under contract at PSG until 2025 having extended his deal in 2021. He is believed to be on a £24m-a-year contract, meaning any potential suitors will have to empty their pockets should they wish to land the Brazil star.
The forward netted 13 league goals in 22 appearances during PSG's title-winning campaign last season, having suffered from an ankle injury between December and February.
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