Last Updated: Tue, 02 Jul 2013 15:59
Spurs and Borussia Dortmund have both been put off by Atletico Mineiro asking price for Bernard, leaving Porto in pole position.
The diminutive winger has been linked to Tottenham for the past two months but there has been hot competition from overseas, with Champions League finalist Borussia looking like the main rivals.
However, the Bundesliga club are also not prepared to match the Brazilian champions' asking price for the 20-year-old international and talks have stalled.
That has apparently left the way open for Portuguese champions Porto while Shakhtar Donetsk have yet to submit an offer after also being credited with an interest.
Agent Adriano Spadoto told O Tempo: "The negotiations with Dortmund and Tottenham have cooled due to Bernard's high asking price, and he won't go to any of these clubs.
"There is nothing from Shakhtar, they have made no offer."
Porto now look to be in pole position to land Bernard's signature, especially as the BMG bank have connections with the Portuguese club and also Mineiro.
"The agreement (with BMG) is a factor, so Porto are the most likely destination for Bernard," said Spadoto.
"I believe that Bernard will leave Atletico Mineiro after the Copa Libertadores and the official announcement will be made by (Mineiro president) Alexandre Kalil."
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