Cruzeiro are to purchase 45% of the player’s economic rights for 5.5 million euros according to reports.
Dede is one of the most highly rated young defenders in Brazil at the moment.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.