A few reports from the Brazilian press recently claimed Newcastle were preparing an offer for Porto’s Pepe. Globo Esporto, by way of Sport Witness, are reporting Newcastle have pulled the trigger with a £30m bid.
The Portuguese champions have rejected the offer according to the outlet. The 25-year-old has a £60m release clause and Porto will only negotiate a fee closer to that amount. If accurate, that would cross Pepe off the shortlist.
It’s no surprise Porto are reluctant to lose the versatile Brazilian. He served as an adequate replacement for Luis Diaz when the Colombian landed in Liverpool in January. He can also play up and down both flanks.
Porto are not short of cash after selling Diaz in the winter and center-back Fabio Vieira earlier this month for close to £70m combined. Newcastle will have to either significantly improve the bid or move on to other options.
Newcastle were priced out of a move for preferred target Moussa Diaby early in the summer. Leverkusen’s quote of around £50m caused Newcastle to instantly drop the pursuit. So there seems to be little chance Newcastle will try and match Porto’s valuation of Pepe
Leeds attacker Raphinha is also being monitored but his price tag also makes a move unlikely. His teammate Jack Harrison is a more realistic target. Newcastle continue to be linked with the 25-year-old who is entering the final two years of his contract.