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Porto confirm Fernando deal

Porto have announced they have agreed a deal to sell midfielder Fernando to Manchester City.

Last Updated: 26/06/14 at 12:43 Post Comment

Fernando: Porto confirm he's on his way to Man City

Fernando: Porto confirm he's on his way to Man City

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City were close to signing Fernando in January but were unable to agree a fee for the Brazil-born player.

However Fernando, who has already passed a medical and agreed personal terms with City, will now move to the Etihad Stadium for a fee of around £12million.

The 26-year-old will become Manuel Pellegrini’s second signing of the summer following Bacary Sagna’s arrival from Arsenal on a free transfer.

Porto released the following statement to the Portuguese stock exchange confirming the news of Fernando’s transfer.

"FC Porto hereby informs the market that it has reached an agreement with Manchester City for the permanent transfer of professional footballer Fernando Reges for 15million euros," it read.

Fernando would give City manager Manuel Pellegrini an extra central midfield option in addition to Yaya Toure, Fernandinho and Javi Garcia.

With City restricted to a net spend of £49million this summer as punishment for breaching UEFA's Financial Fair Play regulations, such a deal could represent good value.

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t's a bloody good goal, though. Sh!t, the kid's gonna be the worlds best before we know it, isn't he? He's got the touch of genius in him. Like Neymar, but with muscles and stuff. He's doing a Ronaldo as we watch. He's bulked up to be able to ride the tackles, but he's improved technically as well. His touch is sublime. Bugger.

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