Defender Pepe Will Not Renew Real Madrid Contract
Real Madrid defender Pepe has made up his mind not to renew his contract with the club and will walk away from the Santiago Bernabeu when his current deal expires, reports from Spain today suggest.
Real Madrid defender Pepe has made up his mind not to renew his contract with the club and will walk away from the Santiago Bernabeu when his current deal expires, reports from Spain today suggest.
AS comments that the Portuguese international has grown weary at the protracted negotiations, with the club refusing to back down to his wage demands.
Despite the protestations of coach Jose Mourinho to the board to give the 27-year-old the contract he desires and tie up his future, it appears that the parties are no closer to reaching an agreement.
Therefore, should a suitable offer arrive in the summer, Los Blancos will be forced the sell him or else risk losing the defender for free in June 2012.
It is thought that Pepe is among the lowest earners in the Madrid first team, earning an annual salary of €1.8 million, a figure that is dwarfed by the likes of Cristiano Ronaldo and Kaka.
Chelsea and Barcelona have both been linked with bids for the stopper, who cost €30m from Porto in 2007.