Palmeiras weigh up €12m–€14m move for Fulham’s Andreas Pereira

Fulham midfielder Andreas Pereira is once again on the radar of Palmeiras, with Brazilian outlet UOL and later GOAL confirming that talks have been re-opened around a deal worth between €12m and €14m. The figure is considerably lower than negotiations earlier in 2025, but the São Paulo giants are probing the possibility of sealing a move before the close of the Brazilian transfer window.

Pereira, 29, is under contract at Craven Cottage until June 2026, with Fulham holding an option to extend for two more years. According to GOAL, the midfielder is reflecting on his future and continues to harbour hopes of returning to Flamengo, where he enjoyed a loan spell in 2021–22. That long-standing dream has complicated Palmeiras’ pursuit, particularly as the Rio club have yet to make any formal approach.

Manager Abel Ferreira and his board now face a time-sensitive decision: push ahead with negotiations or bide their time until the January transfer window, when market dynamics could change. With Fulham also facing a tricky start to their Premier League campaign, any mid-season departure would force Marco Silva to rethink his midfield options. Is Pereira’s Brazilian homecoming edging closer — or will this prove another false dawn?

Palmeiras’ move is driven by both opportunity and necessity. The club see Pereira as a versatile option who can operate in central midfield or further forward, adding creativity and set-piece quality. With European-based Brazilians often priced out of reach, a €12m–€14m package looks attainable, especially compared to Fulham’s initial demands.

However, sources close to the negotiations suggest Palmeiras remain hesitant. Previous talks collapsed earlier this year, partly because Pereira himself expected Flamengo to bid. His refusal of Palmeiras’ first proposal was interpreted as a sign that he was waiting for a different reunion.

From reviewing Pereira’s last three matches, it’s clear he remains a high-volume passer, but one who operates best in structured systems. At Fulham, he has often been deployed deeper, asked to connect play rather than dictate tempo.

For Palmeiras, the question is whether he would adapt quickly back to Brazilian football. His vision and technique suggest he could, but Ferreira must weigh his transitional impact against the financial cost. Pereira’s profile would elevate Palmeiras’ midfield — yet doubts linger about whether his heart lies elsewhere.

Palmeiras have until the close of the Brazilian transfer window to decide whether to accelerate talks. A medical could be arranged quickly if Fulham accept, but time is running out for a summer conclusion.

If they choose to wait, all eyes turn to January 2026, when both Flamengo and other Brazilian clubs could enter the frame. For Fulham, much depends on Marco Silva’s squad balance and whether the London club would sanction a mid-season exit.

Should Palmeiras gamble now with €14m on the table — or hold out and risk losing Andreas Pereira to Flamengo in January?