Manchester United and Liverpool have been dealt a blow in their alleged pursuit of Pedro after Barcelona opened negotiations with the winger over a new contract.
TalkSPORT reports how the Spain international has attracted admiring glances from the Premier League, prompting the Catalan club's sporting director Andoni Zubizarreta to bring forward talks to extend the player's current deal.
Red Devils boss David Moyes has been credited with an interest in bringing the 26-year-old to Old Trafford, while Brendan Rodgers is also believed to be an admirer of the Barcelona star, and has ambitions of luring him to Anfield.
Pedro's buyout clause at Camp Nou currently stands at a staggering £125million. The only good news for Liverpool and Manchester United is the fact that it will not be increased should he pen a new contract, not that either club would be willing to meet that valuation in the first place.
The wide-man has been in inspired form for Barcelona this season, scoring 17 goals in all competitions for Tata Martino's side, and will be rewarded with a significant pay-rise should he commit his long-term future.
Manchester United and Liverpool will continue to monitor the situation closely, but it looks increasingly likely that Pedro will remain at Barcelona.