Manchester City are looking to add to their title-winning squad and will look to wrap up two deals by the end of the week, according to The Daily Mail.
The Premier League champions, recently fined £50 million for breaking Uefa Financial Fair Play rules, are expected spend £14.5million on defensive midfielder Fernando and also complete the signing of full-back Bacary Sagna on a free transfer.
Brazilian midfielder Fernando has been at Portuguese side FC Porto since 2007, with Manchester City failing in a bid to sign the 26-year-old back in January.
However, a deal is reportedly close this time around, despite Fernando signing a contract extension with the Dragões just five months ago.
The League Cup holders will also look to strengthen in the right-back department, with French international Sagna set to join to provide competition for Pablo Zabaleta once his contract with Arsenal expires.
The 31-year-old has been at Arsenal for seven years and confirmed after the Gunners' FA Cup triumph over Hull City that he had played his last game for the North London side.
The acquisition of the experienced Frenchman is surely likely to signal the end of Micah Richards' City career, with the talented but injury prone defender looking for first-team football.
These two signings are likely to be just the beginning of a summer of spending yet again for the Citizens, who are also believed to be interested in deals for Fernando's Porto team-mate Eliaquim Mangala and Roma's Mehdi Benatia.
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