Manchester City and Manchester United target Fernando has penned a surprise extension to his deal at Porto, according to reports.
The Manchester Evening News, citing sources in Portugal, relays that the Brazilian, who has been coveted by a number of Premier League sides, has decided to prolong his stay at the Estadio do Dragao rather than move clubs.
It’s believed that the 26-year-old has signed a deal which will keep him at his current club for another three-years, unless clubs can match his release clause, which now stands at €30million.
Both United and City will likely be disappointed by the news, as they were thought to be the frontrunner for his signature.
The latter of those two have particular reason to feel aggrieved, as they came incredibly close to bringing him in during last month’s transfer window, only to miss out due to a dispute with Porto over the player’s market value.
Originally there had been hope that Fernando would be available on a free transfer this summer, as that was when his current deal expired. It would seem now though that the Manchester heavyweights will be forced to turn to different targets in their bid to strengthen.