At the weekend, we carried a report from Correio da Manhã, who stated Newcastle United are expected to make a firm offer for Eduardo Gabriel Aquino Cossa, commonly known as Pepê.

His deal with FC Porto expires in 2026 and includes a €70m release clause. The Primeira Liga side will have to pay 12.5% of the fee from a future sale to Grêmio, the 25-year-old’s former club.

It looks like Newcastle have made an offer to sign Pepê, who operated as a left wing-back, winger, right-back and right wing-back for Porto last season.

That’s according to Globo Esporte, who state the Magpies offered €35m to Porto for the Brazilian. However, the Dragons have ‘turned down’ the proposal made by Eddie Howe’s side.

It’s said the Portuguese side will ask for ‘at least €60m’ to negotiate the player’s sale this summer. Although Porto ‘reject’ Newcastle’s offer, Globo explain the two clubs ‘still negotiate’ for Pepê.

Porto, for their part, would prefer to keep the South American and sell him in the future for a higher price. However, the report adds the ‘transfer is not ruled out’ in the summer window.

Apart from Newcastle, Pepê also aroused interest from Arsenal. However, Howe’s side are the only club to make an ‘official offer’ to Porto.