Real Madrid coach Carlo Ancelotti doesn't want Pepe sold. The defender is a big money target for Manchester City boss Manuel Pellegrini, with a €25 million offer lodged.

Marca says Ancelotti has asked his board to resist all offers for Pepe, who he wants to keep for the coming season.

Pepe, for his part, is weighing up his options, having felt he'd lost the confidence of several of the club's powerbrokers last season.