Chelsea have offered
Pepe a
bumper wage packet to sign on a free transfer when
his
Real Madrid contract ends in 2012, according to
Cadena Ser.
Pepe, 27, is at deadlock with his club as he attempts to negotiate
an extension. The centre-back has demanded £85,000 a week while
Madrid are only prepared to move to £60,000.
Carlo Ancelotti's side are aware of the situation and have
reportedly made contact with the Portugal international's advisors.
They are prepared to wait two years to snap up the player for
nothing if terms can't be agreed in Madrid.