Pepe is expected to leave Real Madrid at end of season.
Portuguese defender Pepe, is expected to eventually leave Madrid at the end of the season.
They have failed agreeing to a contract extension.
The former member of Porto, which has a contract with Los Blancos until June 2017, He could make contract with new club since January.
According to sports daily, AS, Pepe will leave Real Madrid on June 30.
He is expected to be transferred to China, where there are some interested teams such as Guangzhou Evergrande and Shanghai.
But Pepe is also wanted by European giants such as Chelsea, Manchester City and Juventus.