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

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.

@leftydan, Richards and Rodwell are likely to be surplus to requirements for one reason only. Fitness. Richards was vice captain, he and Rodwell have spent 2 years not fit for purpose. Should they keep their job based on nationality? @ploke, the home grown rule is a farce, England have been rubbish all my life, City over 25 years of my life, so frankly I couldn't give two hoots if are players are from Argentina or Zambia. The sooner people (The FA) realise that rules forcing teams to have players of a certain nationality are holding things back. As in ALL employment, the job should be taken by the best qualified, not the most important passport, no?
- zabbaman

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Premier League: Brendan Rodgers insists Liverpool will move on without Luis Suarez

Liverpool manager Brendan Rodgers insists there is no bad blood between the club and the outgoing Luis Suarez.

Transfer news: Liverpool appear to be close to completing a deal for Loic Remy

Liverpool are closing in on the signing of Loic Remy with the French forward reportedly having his medical in Boston.

Executive vice chairman Ed Woodward says Manchester United are still global giant

Manchester United executive vice chairman Ed Woodward insists the club are still the biggest in the world.

Mail Box

Anyone But Rooney. Or Baines. Or Hart.

There isn't a great deal of excitement in the Mailbox regarding England's potential new captain, but we have good stuff on Gerrard's development and a one club man team...

Goodbye Patrice And Farewell Steven...

Man United fans say a fond farewell to Patrice Evra in the mailbox while there are also thoughts on Steven Gerrard's retirement from England duty. Plus, some rare cricket bantz...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property