Manchester United are currently locked in talks with Barcelona over a deal for Pedro in the hope they can structure the payments so they don't have to activate his release clause.
The Spanish international is being tipped as the man to replace Angel di Maria at Old Trafford having also been linked with a move to Chelsea.
Di Maria is close to completing a move to Paris Saint-Germain for around €65 million, and according to reports Manchester Unites boss Louis van Gaal sees Pedro as the right man to fill the spot he leaves behind.
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The Barcelona ace penned a new contract at the Nou Camp recently but crucially lowered his release clause to €30 million. That has opened the door to a move but as things stand Manchester United aren't willing to pay that, and will look at ways of securing his services for less.
Sunday Times journalist Duncan Castles tweeted this morning: "Manchester United still haggling over Pedro fee. Trying to structure a deal which avoids them paying €30m release clause."
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The 27-year-old has fallen down the pecking order at Barcelona following the emergence of Luis Suarez, Neymar and Lionel Messi as an attacking trio, and he started just 15 games in La Liga last term.
Another possible hold up in the deal is that Barcelona reportedly don't want to let him leave until after they have played Sevilla in the UEFA Super Cup.
So far the Red Devils have splashed in excess of £80 million in the transfer window on five players, and have recouped a portion of that through the sale of Robin van Persie and Nani - while Di Maria's move will mean that will they are roughly even for the window.
Van Gaal is highly likely to target a striker as well as a defender, however that man will not be Sergio Ramos. He's said to be close to signing a new contract at the Bernabeu despite being heavily linked with a move to Old Trafford. Nicolas Otamendi and John Stones are potential alternatives.
This seems like a strange story. With the Di Maria deal all but done there should be no hold up in spending such a relatively small amount on his replacement. Pedro's fee works out at about £22 million which is nothing for one of the biggest clubs in the world - so what's really going on?
There are no real alternatives to Pedro in the pipeline either, and with Ashley Young now 30 and in the last year of his deal, there is no time waste.
In all likelihood, as soon as the Di Maria deal is done Manchester United will pull the trigger on Pedro. Whether he is up to the job is a different matter altogether.