Hebei Fortune China are ready to table a contract offer to Real Madrid defender Pepe.

Off contract in June, the veteran stopper is fielding foreign offers from around the world this week.

From January 1, Pepe can negotiate pre-contract terms with clubs outside of Spain and he has offers from England, Germany and the Middle East on the table.

Manuel Pellegrini's Hebei Fortune are also keen and Iusport says a package is now being put together for the Portuguese.

Pepe will be tabled a deal worth €15 million-a-year - net - by Hebei Fortune in the coming days.