Arsenal, Chelsea, Liverpool and Manchester City are all interested in the 16 year-old prospect.
Conceicao is yet to make his senior debut, but is making waves at youth level.
The winger has managed to score five goals and three assists in 13 matches for Palmeiras' U20 team.
João Paulo Sampaio, who works in Palmeiras' academy, confirms that there is a lot of interest in Conceição. The same goes for Allan, 21.
"Allan is on that list (of upcoming big sales). We have already received offers of 30 to 35 million euros, so it will be a significant sale," he told “Fala a Fonte” on ESPN.
"Then there is a 16-year-old boy from our academy, Eduardo, who will soon play in the South American U17 Championship for the national team. We have also received two offers for him between 20 and 25 million euros, excluding bonuses.
"So in my opinion, these two will really strengthen our finances."