The 29-year-old joined the Blues 12 months ago from Barcelona after a summer of speculation surrounding his future with the Catalan giants.
Given his vast array of winner’s medals at both club and international level, much was expected of Pedro at Chelsea, but the experienced wide-man struggled to adapt after an explosive performance against West Brom in which he netted and provided an assist.
Perhaps a victim of a tough season at Stamford Bridge, the ex-Barca ace eventually ended the campaign with eight goals in 40 appearances, and reports claim that he’s ready to move on following the arrival of Antonio Conte as his new boss.
It’s understood that both Atletico Madrid and Valencia are keen, with the duo able to offer Pedro a return to his homeland and the familiar surroundings of La Liga.
Further to this, Atleti present Champions League football, albeit the London and Madrid clubs have a somewhat frosty relationship following Diego Costa’s protracted transfer sage this summer.