The French club Paris Saint-Germain (PSG) has reportedly rejected Real Madrid's €150 million bid to sign Lionel Messi, the Argentine forward who is currently on loan from Barcelona.

In an unexpected development, PSG's president Nasser Al-Khelaifi told reporters that they have "decided not to make any more offers" in the ongoing transfer market, which has seen several clubs including Manchester United, Juventus and Bayern Munich interested in signing the 28-year-old forward.

This move comes as PSG continues to struggle with their finances and financial situation, with a reported deficit of over €600 million in their accounts at the end of last year.

Barcelona, who had been one of the frontrunners for the deal, initially expressed interest in signing Messi but ultimately decided against it due to concerns about his health and fitness levels. The move came after reports that PSG were considering selling Messi to Real Madrid, although the club eventually decided against doing so.

It remains to be seen whether PSG will be able to find a new buyer for Messi or if they will need to look elsewhere for a replacement. However, it's clear that PSG's decision to reject the offer by Real Madrid has caused some controversy and speculation among fans and media.