Pereira has been plying his trade back in his homeland at Flamengo, joining on a season-long loan deal last August.
The midfielder impressed with his performances on the pitch for Flamengo and they are keen to add him to their ranks on a permanent basis.
And Manchester United have reached an agreement with the Rio de Janeiro outfit over a €10.5m fee for Pereira’s signature, significantly lower than the €20m option in his contract to make his move permanent.
However, the Red Devils have managed to secure a sizeable sell-on clause in Pereira’s deal to join Flamengo permanently.
The Brazilian top flight club will have to pay a massive 25 per cent of any fee they receive for the 26-year-old in the future to the Mancunians.
Pereira joined Manchester United as a 16-year-old, but struggled to carve out a long-term future at Old Trafford, having four different spells out on loan including his current stint.
The Brazilian’s last competitive appearance for Manchester United came in the 2019/20 season but has enjoyed better fortunes at Flamengo, where he will now play on a permanent basis.
