Per the source, PSV had been actively pursuing Bruma over the transfer window but Galatasaray rejected the Dutch giants €7.5 million bid.
PSV sporting director Marcel Brands revealed that the club is no longer in the race to sign the 21-year-old.
Galatasaray are determined to keep hold of the Portugal international winger a source close to the club told Turkish-football.com and they value the young winger as being worth €25 million.
Manchester United are also interested in Bruma and Jose Mourinho has ordered his scouts to keep tabs on the youngster since the friendly they played against Galatasaray during the pre-season – which ended in a 5-2 victory to the Red Devils.
Bruma scored his sixth goal in five friendly games against United despite Galatasaray losing the pre-season clash in Sweden 5-2.
The Portugal international told reporters in the mixed zone after the game that Mourinho had a brief meeting with him.
“He congratulated me for the performance and said he was impressed with me,” Bruma said. “He promised to closely monitor my work and said I could play for the national team soon.
“Of course it was amazing to hear this from Mourinho and he said he will keep an eye on how I do this season.”
Bruma is expected to stay at Galatasaray this season and will feature as a key player for head coach Jan Olde Rierkerink.
Besiktas – 2016-17 season preview