Newcastle United are set to make their next move of the summer transfer window.
The Magpies have already signed Nick Pope from Burnley and a deal for Lille defender Sven Botman will be concluded this week.
Correio da Manha - via Sport Witness - reports that Newcastle will make an offer for Porto winger Pepe in the coming days.
The Brazilian has a mammoth release clause of €70m (£60.2m).
His market value is set at €18m (£15.5m), although Newcastle would have pay higher than that the secure the 25-year-old's signature.
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