Pepe is set to join Paris Saint-Germain on a one-year contract once his contract at Real Madrid expires at the end of the month, according to reports.
ESPN state the Portuguese defender is set to sign a one-year contract with the French giants after Los Blancos decided not to renew his deal.
Antero Henrique’s arrival as sporting director at the Parc des Princes is said to be a key figure in accelerating the deal – a compatriot of Pepe’s who previously held the role at FC Porto, from where there defender moved to the Bernabeu in 2007.
The one-year deal will have the option for a second year and is subject to the completion of a medical which the 34-year-old will undertake upon his return from the Confederations Cup.
Pepe won three Champions League titles and three La Liga crowns among his 13 medals throughout his decade in the Spanish capital.