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Real Madrid defender Pepe has reportedly turned down a €12 million annual salary at Hebei China Fortune in light of reported interest from Manchester City and Paris Saint-Germain.
Per Marca's Roberto Gomez (adapted by Marc Mayo), Pepe will leave Los Blancos this summer when his contract ends, and both City boss Pep Guardiola and PSG counterpart Unai Emery have been in touch with his agent Jorge Mendes in the hopes of convincing the defender to join them.
Turkish newspaper Fanatik (h/t AS) also reported Galatasaray want the 34-year-old and have made contact with him over a deal.