According to El Nacional, PSG have suggested swapping João Neves with Real Madrid’s divisive midfielder Federico Valverde.

Bernardo Silva stated to DAZN that during Euro 2024, he and Rúben Dias were aware that João Neves was close to signing for Paris Saint-Germain. Silva added that they started calling Manchester City to attempt to persuade them to sign Neves, but Manchester City had different priorities at that time and ceased their efforts to recruit him.

Joao Neves's contract with Paris Saint-Germain was recently extended by one year. The new contract runs until 2030 and includes a significant salary increase. The extension was due to his consistently strong performances and his increased value since joining the club.

Rumours suggest Real Madrid have identified 21-year-old Portuguese central midfielder Joao Neves of Paris Saint-Germain as a key target for this year. The Portuguese international, who has 20 caps and 3 goals for his country, joined the French club in August 2024 and is under contract until June 2029. In the current 2025/2026 Ligue 1 season, he has recorded 5 goals and 1 assist in 10 appearances. Chelsea and Manchester City have also been linked with the player. According to reports from January 2026, Chelsea were considering a bid of €125 million, while in September 2025, Manchester City were reportedly preparing a €120 million offer. These figures are a significant increase from the €59.9 million fee for his transfer from Benfica to PSG in August 2024. His current Transfermarkt market value is €110.00m.