Sergio Peña is a top target for Alianza Lima, who are eager to acquire him. The player himself is interested in returning to his former club. PAOK is unwilling to let the 29-year-old midfielder leave for less than 300,000 euros. Peruvian media continue to report daily on the transfer, insisting that the player has agreed to join Alianza Lima. Journalist Gerson Cuba noted on social media that the documents and final details of the deal will be settled soon, with Peña expected to undergo medical examinations and be officially presented this coming weekend.

According to Peruvian journalist Uriel Lugt, Alianza Lima is close to acquiring the midfielder Sergio Pena from PAOK, having reached a preliminary agreement for the transfer. Pena is expected to sign a three-year contract with the Peruvian club, where he began his professional football career.

Several reports from Peru, including one from journalist Kevin Pacheco, indicated that Alianza Lima was not only interested in Sergio Peña but had also reached an agreement with him for a three-year contract. It was reported that Alianza Lima was preparing an official offer to PAOK for the purchase of his rights. Although the operation was said to be quite advanced, the agreement at the club level was still pending. Other media sources conveyed similar information, noting that a definitive agreement with Peña was in place, with only PAOK's approval needed to finalize the transfer. However, it was mentioned that PAOK had not yet received any official information or proposal for the player. Peña was currently on leave until July 7 due to international duties with the Peruvian national team.

Sergio Peña is in search of a new team after failing to meet the high expectations of PAOK under coach Razvan Lucescu. Reports from Peru indicate that Peña has reached an agreement with Alianza Lima, his home country's team. The deal is expected to be a loan rather than a permanent transfer, with a potential purchase clause to be possibly included. Peña joined PAOK from Malmö during the winter transfer window but only made five appearances.

Alianza Lima is preparing a new loan offer for Sergio Pena, who is not in the plans of PAOK's coach Razvan Lucescu and is open to returning to his home country. This is the second consecutive season Alianza Lima is attempting to bring back the international midfielder. The club has already contacted the player, expressing official interest in a loan from PAOK. The situation is ongoing, with the coming days being crucial to see if the interest will turn into an agreement between the two parties.

Sergio Peña has expressed his love for Alianza Lima and mentioned that if the opportunity arises, he would like to return there. However, he currently has two more years on his contract with PAOK and has no plans to return to Peru at the moment. He stated that he would like to stay in Europe for his entire career if possible. Transfermarkt currently estimates his market worth at 2.00m euros.