With virtually nothing left to play for this season, Real Madrid are looking at re-building their squad and are reportedly preparing a €350 million offer for Paris Saint-Germain star Neymar.

Read: Reports: Neymar Had To Be Held Back From Ref After UCL Exit

Los Blancos' season went from bad to worse on Tuesday evening as they were dumped out of the UEFA Champions League by Ajax Amsterdam in front of their own supporters.

Real are known for bringing in big names in the transfer window, but they opted not to do that following the departure of Cristiano Ronaldo.

Spanish publication, SPORT have now claimed that the Spanish giants are to break the transfer record with a €350 million bid for the Brazil captain.

Los Blancos president Florentino Perez has reportedly been long admirer of the former FC Barcelona star, while there were claims that Neymar also moved to the Santiago Bernabeu before his switch from Santos in 2013.

Read: Report: 8 Superstars Who'd Cost Too Much For EPL Transfers

Should Neymar make the move to Barca's arch-rivals, Mundo Deportivo claim he could become the highest-paid player in the world in a deal that would see him earn €45 million for a month.

Do you think Neymar should leave PSG for Real Madrid? Have your say in the comment section below.