Corinthians are resigned to losing the midfielder this summer with club president Mario Gobbi Filho claiming a move for Paulinho was "imminent."
Tottenham have been leading the chase for Paulinho with widespread reports suggesting they have had a bid accepted by Corinthians for the player after meeting his €20million (£17m) buy-out clause.
Recent reports have suggested Real Madrid are planning to hijack Tottenham's move as they look to lure Paulinho to Spain.
However, Paulinho says the only offer has come from Tottenham and that he will make a decision on his future after the Confederations Cup this weekend.
"It's not true about Real Madrid, the only offer that has come is from Tottenham," Paulinho told Terra. "But I have already said that I will only evaluate it after the Confederations Cup."
Paulinho's Brazil team-mate David Luiz is a big admirer of the midfielder and feels he would be a success in England if he came to the Premier League.
"Paulinho is a fantastic player, both defending and attacking," Luiz told Goal.
"He is complete, so he can come to England. It's a great moment for him."