The current contract, which is set to expire at the end of the season, has raised concerns about Pereira's future with the team.
Despite the team's poor performance in the Premier League, the club's board remains confident in Pereira's ability to lead the team and is eager to secure him to a new agreement.
Pereira's agent, Jorge Mendes, has a good relationship with the club, which is expected to facilitate smooth negotiations.
The club's understanding of the challenges Pereira faced this season, following the departures of key players, may also contribute to a positive outcome in the contract talks.