An overhaul of the playing squad at the Bernabeu is expected in the summer with the LaLiga side struggling, now sat in fourth place in the league and 19 points behind Barcelona.
The latest reports suggest that the prolific 29-year-old has grown exhausted of life at the Allianz Arena after four goal-laden seasons and has instructed his representative to open discussions with interested parties, such as La Liga giants Real.
"Madrid and Barcelona wanted Kylian, but PSG have the muscle to keep him at a French club and I think the transfer happened for sporting reasons and not financial ones, and that's something new in this new European order", Emery told Spanish newspaper Marca in an interview published on Thursday.
"That Madrid is going through a low in the league at the moment is, in my opinion, quite normal", he added.
Playing for Real Madrid is an old aspiration of Robert Lewandowski's. It will be a very strong tie, although I think the favourite is PSG, due to their form.
Xavi, the Barcelona great who won the Champions League four times, said while he expected an improved Madrid, Ligue 1 leaders PSG deserved favouritism. He has 18 goals and 11 assists in 19 league matches so far, with a further six goals in the Champions League group stages.
"Neymar is a superb player, maybe he will be the best in the world in a few years, and Real Madrid need the best", Ronaldo said. "This is a semi-final, not last 16". There was no luck in the draw.
Brazil legend and former Real Madrid star Ronaldo says the club should pull out all the stops to sign compatriot Neymar this summer. "I'm sure that we will see that victory in the near future".