The Brazilian has scored prolifically for Wolfsburg this season, who have endured a disappointing and lacklustre campaign.
But Palmeiras had wanted to take him on loan, which does not suit the Germans as the player’s contract is up in the summer. It seems likely that he will either sign for a fee permanently or move at the end of the season instead.
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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.