Rio de Janeiro: Santos president Luis Alvaro Ribeiro has revealed that the club is preparing a new proposal to keep the Brazilian prodigy Neymar at the club beyond 2014.

The club signed a new deal last November securing the 20-year-old until the 2014 World Cup in Brazil.

But Santos now wants Neymar, who is reportedly being chased by Spanish giants Barcelona and Real Madrid, to stay at Vila Belmiro for life.

"Santos is reliving the Pele era, I've even spoke to Platini (UEFA president Michel Platini) about it," Ribeiro was quoted as saying by Xinhua.

"Neymar is a phenomenon and without peer. Let's see if in two years we can start a new project together."

Last week Neymar signed a new four-year sponsorship deal with German car manufacturer Volkswagen.

His list of private sponsors has now reached 10 and includes global brands like Nike, Panasonic, Red Bull and Santander.

Such is Neymar's marketing appeal that Santos contributes less than 10% of his reported monthly salary of three million reais ($1.6 million).

"Neymar has already said he doesn't want to leave Santos," Ribeiro said.

"I have told him: 'If you want to go to Europe, charter a flight and you will be picked up in a limousine'.

"He makes a lot of money here - he has even purchased a yacht. What else does he want? Two cars? A plane? Planes cost a lot and are high maintenance.

"He is better off staying in Brazil than going to Europe to put with violent players and snow," he added. (IANS)