Real Madrid central defender, Pepe, is reportedly a transfer target for Manchester United, Chelsea, Manchester City, and Barcelona, after contract discussions have slowed. Pepe wants his current salary to be more-than tripled to a 6 million euro per year deal. Real is only willing to offer him five, so the negotiations have stalled. Manchester United are looking for an experienced replacement for the injury-prone Rio Ferdinand. Manchester City are interested in everyone at the moment, but the citizens may be one of the only clubs that can meet him financial demands. Pepe has been at the heart of the Real Madrid defense this season, forging an iron-clad partnership with Ricardo Carvalho. With Pepe’s contract set to expire in 2012, it may be the time for him to leave.