Santos playmaker Ganso, who has been linked with the likes of Arsenal, Manchester United, and Tottenham, could be set to join Sao Paulo.
The 22-year-old, who has also been linked with Chelsea, was last month blasted by Santos' club president after saying he would like to play for their rivals.
The Brazil international had admitted he was keen on joining Santos' San-Sao neighbours and rivals, which led to him recently being booed by his own club's fans.
And according to reports in South America, a deal is edging closer.
But Santos president Luis Alvaro Ribeiro, who hit out at the midfielder and told him that "fans must be respected", insists his valuation must be met.
"There is no point Sao Paulo submitting proposal for less than £7.3 million. It would be a waste of paper," Ribeiro was quoted by talkSPORT as saying.
"This is the price required for Ganso to leave Santos. This subject is bloated and it's difficult to care about it. I have a lot of other important things to deal with."
Back in July, Santos vice-president Odilio Rodrigues admitted Ganso no longer wanted to play for the club.