According to Globo.com, Flamengo intends to improve Léo Pereira's contract terms. Flamengo is working to provide Léo Pereira with a raise or to extend his current contract, which is valid until the end of 2027. The player's salary has been the same since he last renewed in January 2023.

Flamengo has begun contact to renew the contract of defender Léo Pereira, which ends in December 2027. The club indicated a financial appreciation for Léo Pereira. The management informed Léo Pereira that a salary increase will happen and has already shown interest in renewing the contract. The intention is to intensify the negotiation soon, and the break for the World Cup is expected to speed up the process. Last year, Léo Pereira was approached by some European clubs. ESPN first reported the interest in the renewal.

According to ESPN, Flamengo plans to open negotiations in the coming days to agree on a contract renewal with Léo Pereira, a 30-year-old Brazilian centre-back. Pereira's current contract runs until 31/12/2027. He has made 6 appearances and scored 1 goal in the Série A this season. According to Transfermarkt, the uncapped Brazilian has a current market value of €10.00m. He has previously been linked with clubs including West Ham United and Cruz Azul.