United kicked off their season with a 3-1 defeat to Crystal Palace on Saturday and Luke Shaw – who could be in line to lose his spot if Telles arrives – called on the club to make signings afterwards.
Telles, 27, has a year to run on his contract and the Portuguese club can ill afford to see him leave on a free next summer, particularly in such difficult financial times.
And Conceicao has appeared to give his blessing to Telles leaving the club by claiming he wouldn’t be ‘upset’ if the club could find a replacement.
‘I don’t think about it,’ said Conceicao.
‘The market is not about me. I am not a manager, I am a coach and I have to train the players I have. Obviously I would like to count on everyone and if someone else came in, I would not be upset at all.
‘I must praise and emphasise Alex’s professionalism. It is not easy with all this news to play the game he played today.
‘I know the character and personality of the players and I know that until the last day, be it tomorrow or 10 years from now, they will do their best.’
The Dutchman scored in the defeat to Palace but the club hope to make at least two signings in the final two weeks of the window.
Speaking about his future on Saturday night, Telles said he’s not getting distracted by the talk over his future.
‘I’m a guy who focuses a lot on work, people believe what they want, say what they want in the newspapers, but the most important thing is to be focused on my work,’ Alex Telles told Sport TV when asked about his future after Porto’s 3-1 win over Braga on Saturday evening.
‘You know that and so do my teammates, whatever happens, I’m focused on the club, I’m here, I’m playing.’
Asked if he is closer to leaving than staying, Telles replied: ‘I have people who work for me, I just have to focus on what my job is.
‘If I knew anything, I wouldn’t need to have people working for me. I have people who take care of that and I have to focus on my work’.