The 17-year-old is a reported Chelsea target as part of their summer transfer plans.
Per The Standard, the 17-year-old right-back may be Chelsea bound in the coming months.
There are many clubs interested," Recife director Marcelo Barros told Globo Esporte's Podcast Embolada.
And Pedro and I have been talking to more than one club. But there are slightly more advanced negotiations with one of them.
We're making a very careful assessment. I don't see a club in Brazil that would make the investment we want for Pedro, and it's not in the athlete's interest either. So we're not too worried. And there are different offers."
On the club in question, he added: One club wanted to make a slightly higher initial investment straight away, with a future bonus, because it's an important point: Pedro can continue to earn for us in the long term.
You can seek negotiations with the target club based on performance, or whether it's a full investment now or an investment with a diluted bonus. There's one club in particular that we've made a lot of progress with in terms of formalizing a proposal, Sport turned it down, I can say that, a proposal has already been made, and there are talks about renegotiating the deal."