The left winger made 22 league appearances for Santos, one of three Brazilian sides he represented at senior level, a decade ago.
He explained his desire to return home earlier in the week to RMC, saying: “I want to return to Brazil. My children are there.
“It is also good for my chances of selection. I would have more opportunities. But I still hesitate choosing between sport and finance.”
And reports are now suggesting that finance will win, as Al-Gharafa are set to offer a two-year deal worth €3.7million a year, with an additional million euros offered as a signing bonus.
Al-Gharafa are currently coached by French boss Alain Perrin, who took charge of Portsmouth during their Premier League tenure back in 2005.