The former Real Madrid man returns to Porto after two seasons with Besiktas.
Pepe played for Porto between 2004 and 2007 before being acquired by Real Madrid in a 30 million euro deal, where he won three La Liga titles and three Champions League titles.
The Portuguese opted to agree to a mutual termination of his contract towards the end of last year in a bid to help the club’s worsening financial woes.
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Bem-vindo a casa / Welcome home / Bienvenido a casa
— FC Porto (@FCPorto) January 8, 2019