The Brazilian club's marketing executive has flirted with the idea of getting the 70-year-old involved for the showpiece event in Japan but the decision rests with coach Ramalho
Folha de Sao Paulo reports the club's ambition would be to see the former striker return to action in a potential final against Spanish giants Barcelona.
Neto believes having Lionel Messi and Pele on the same pitch as opponents would generate great financial interest in the event to be held in Japan but suggests the decision rests with coach Muricy Ramalho.
"I don't doubt anything," Neto said.
"It also depends on the coach. If Pele is a boost to the team then why not?"
Santos president Luis Alvaro Ribeiro has also claimed that coach Ramalho will make the final call.
"We still need to see what happens with the coach as it's his decision," said Ribeiro.
"Of course, even though Pele trains, he would not be able to play for a long time, but one can imagine him coming on at the end of the game to take a penalty."