Pepe waiting to open Real Madrid contract talks

Real Madrid defender Pepe is waiting to open new contract talks.

Pepe is among the lowest paid senior players at Real.

"When Madrid show they intend to keep me, it would be logical to suggest my first option is them," Pepe told Marca.

"But we are footballers and when the club does not show an interest, it is obvious I'd have to find a life elsewhere."

"I have this season and then a year so I have time. If it was up to me, it would have been renewed by now because I love the team and the fans."