The report claims Corinthians will not entertain offers for the Brazil midfielder below £15m, as they look to hold off Premier League interest in their star midfielder.
Manchester City and Liverpool have both been linked with Paulinho, although Chelsea are thought to retain the strongest interest.
Corinthians are keen to keep him, but amid speculation from the likes of Manchester City and Chelsea, rumours have suggested Paulinho is looking to move abroad.
Chelsea fans got a look at Paulinho during the FIFA Club World Cup late last year, as his Brazilian side out-muscled Chelsea to win the tournament.
The report claims Paulinho is likely to stay with Corinthians for the time being, as the Brazilian club believe the £15m asking price will put potential suitors off, for the January transfer window at least.
Paulinho broke into the Brazil team in 2011 - the same year Corinthians won the Campeonato Brasilerio Serie A and Paulinho was voted to the Team of the Year, winning the Silver Ball as the best midfielder in Brazil in the process.
Since then he's received eight caps for his country, and become one of the most highly-rated central midfielders in South America. Chelsea have a strong Braizilian contingent at the club already - with David Luiz, Ramires and Oscar at the club, and 18-year-old Lucas Piazon currently on loan at Malaga.