Arsenal and Liverpool have both agreed deals with Lille to sign Nicolas.
L’Equipe reports that at least two other clubs have similar agreements in place with the Ligue 1 outfit.
Pepe has emerged as one of this summer’s most sought after players, after scoring 22 goals in the league last season.
A host of Premier League clubs has been linked with the Ivory Coast international, with Manchester United also monitoring the player’s situation.
With four sides having already come to an agreement with Lille, it is now up to the 24-year-old to decide his destination.
All the deals are believed to be in the region of £72million, with Serie A duo Inter Milan and Napoli, the other two clubs in the mix.
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