Just when the Neymar return to Barcelona appeared to be happening, the whole thing seems to have collapsed.

Over the last week or so we’ve covered various reports suggesting PSG and Barcelona were nearing an agreement on the mega move and, after months of speculation, it could happen.

Fast forward to today, and it seems that the pendulum has swung the other way, at least as far as Mundo Deportivo are concerned.

They report that Barça’s latest bid for Neymar was rejected and PSG sent a counter-proposal back to the Nou Camp.

The deal they proposed would have seen Barça pay a ‘significant sum of money’ as well as send Ousmane Dembélé, Ivan Rakitić and Jean-Clair Todibo to Paris in return for Neymar.

Barcelona’s Board of Directors studied the offer, mainly whether it was economically viable, concluded it was not and rejected it. They believe it was ‘too demanding’ and ‘unattainable’ for them.

As a result, Mundo say ‘the arrival of the Brazilian is practically ruled out’ at this point. El Chiringuito back that up, with them reporting Barcelona’s players believe Neymar will stay at PSG this summer.

There is still a chance there can be a last-minute change, but at this point, it seems the summer’s most significant potential transfer won’t be happening after all.