Pepe has confirmed he ‘will wait on Madrid until the very last’ as he holds out hope of being offered a new deal at the Bernabeu.
The Portugal international’s deal with Los Blancos expires at the end of June and has been linked with a number of clubs including Paris Saint-Germain and Inter Milan.
"The final is on the 3rd, and I have a contract until June 30," Pepe is quoted as saying by Marca.
"As I have always said, I will wait on Madrid until the very last.
"I am happy and I am at 100 percent to be able to play (the Champions League final in Cardiff)."
The 34-year-old has spent a decade at Madrid following spells with Maritimo and Porto and is expected to be involved in the squad for the Champions League final.