Reports from Brazil stated that Gremio rejected a 4 million euro offer from Olympiacos for Luis Eduardo. Negotiations are ongoing with the aim of reaching an agreement for Luis Eduardo to move to Europe. According to information from across the Atlantic, the deal could be completed for an amount around 4.5 million euros. Olympiacos has scouted Luis Eduardo for the last nine months, including at the U17 World Cup and South American Championship. Olympiacos wants to finalize the transfer before Luis Eduardo's value increases further.

Olympiacos submitted a proposal of 4 million euros to Gremio for Luis Eduardo. The Brazilian club gave a negative response. Luis Eduardo is a 17-year-old central defender with a height of 1.88m and is regarded as one of the club's most significant talents. This report was subsequently circulated by other media outlets in Brazil.