Manchester United face yet more competition for Fernando, with talkSPORT revealing that Monaco are the latest club to enter the race for the midfielder.
The 26-year-old, who joined reigning Primeira Liga champions FC Porto from Brazilian minnows Vila Nova during the summer of 2007, has become an integral first-team fixture at Estádio do Dragão during subsequent seasons and he has already made over 100 appearances for the club.
His impressive form has led to fervent speculation over his future, with Premier League duo Everton and Manchester United believed to be interested in bolstering their respective squads with the acquisition of Fernando.
The latter in particular are sure to be desperate to add quality to their ailing midfield which has been such a major cause for concern during the opening months of David Moyes' reign at Old Trafford.
The beleaguered Scot will have to move fast, however, as Serie A champions Juventus reportedly joined the growing list of clubs clamouring to sign the Brazilian earlier this week and now it appears as if Claudio Ranieri's wealthy Ligue 1 outfit are also eager to secure his services.
talkSPORT are reporting that Monaco - who signed James Rodriguez from Porto in May in addition to former teammate and formidable compatriot Radamel Falcao - are willing to offer the player a whopping £4.2 million per season when his current deal expires next summer.