Star midfielder Ronaldinho, who is closely pursued by four teams in Brazil, is set to announce his final decision on Thursday.

Palmeiras, Corinthians, Flamengo and Gremio are all in the hunt to land the player, who has been released by his former club AC Milan.

Ronaldinho is expected to make a definitive declaration at the prestigious Copacabana Palace located in Rio de Janeiro.

The player's former club, Gremio, have already staked claim to Ronaldinho and allege to be ready to make the exciting announcement on Thursday. Flamengo have also prepared gala show to celebrate the player's arrival.

Palmeiras admit that it has fallen behind in the race while Corinthians remain a silent observer.

Ronaldinho has openly demonstrated his desire to return to Brazil in order to be closer to friends and family.