The website 'Lancenet' reports that Leo Pereira has a release clause of 60 million euros. Flamengo is not willing to sell him easily and has recently rejected offers from Valencia, Sevilla, and Porto. It has been repeatedly reported by Brazilian media that the 30-year-old defender is an important target for Olympiacos.

Brazilian sources report that Olympiacos is interested in Léo Pereira of Flamengo. The website 'Lancenet' reports that Olympiacos is among the clubs pursuing the player. Dimitris Christofidelis emphasized the interest from Olympiacos since last week, mentioned it again on Monday on the show BIG 4 by Betsson of SPORT24, and noted that Léo Pereira's market value amounts to 9 to 10 million euros.

Léo Pereira's name has been linked to Olympiacos on previous occasions. According to a report from Egool.com.br, the club's interest in the 29-year-old Brazilian Flamengo defender has been renewed. Olympiacos reportedly considers the player a high priority as they seek to add a central defender with a leadership profile. The Greek club has been monitoring Pereira for weeks and considers his characteristics, such as leadership, physical strength, and international experience with 9 caps for Brazil's U20 team, to be ideal for Greek football. The publication states that there is no official offer yet, but the interest is considered real and significant. It also states there is an expectation that the situation will progress toward official contact with Flamengo when the European transfer market opens. Pereira joined Flamengo in January 2020 and is under contract until the end of 2027. According to Transfermarkt, his current market value is €9.00m. Other European clubs, including Porto, Sevilla, and Valencia, have also been linked with the player.