Pepe to extend Real Madrid contract until 2018

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Pepe's current contract runs until summer 2017. The former Porto player arrived in 2007 for €30 million at the club and as reported by 'El Larguero', he'll sign an one-year extension.
The Spanish club wants to offer him an extension, as he could start negotiations with other clubs, if they don't offer him a new contract until January 2017.
But Pepe isn't the only one who could sign a new contract with the Spanish giants. Gareth Bale and Cristiano Ronaldo are expected to do the same.