Off contract in June, Pepe has lucrative offers to leave Europe for China at the end of this season.
However, El Larguero says the veteran stopper is on the brink of agreeing a deal with PSG.
At the age of 34, Pepe aims to play in the 2018 World Cup with Portugal - and knows that prospect would be unlikely if he moved to China.
Manchester City are also in contact with Pepe's minders, though a move to Paris is being favoured.
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