Real Madrid are in contact with Fluminense for young striker Samuel Rosa.
Real have made an offer to take Samuel on a season-long loan with the view to a permanent deal in June.
However, Flu are unhappy with the terms, particularly with Samuel now establishing himself as a first team regular.
The player's agent Gerson Oldenburg said: "They point out that Samuel is playing steadily due to calls for Fred from the Selecao.
"Anyway, we'll see what happens."
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