Porto have confirmed that Manchester City have agreed a deal to sign midfielder Fernando from the club.
A statement released by the Primeira Liga side revealed that an agreement worth £12m had been struck for the 26-year-old's services.
The citizens were heavily linked with Fernando in January, but reportedly failed to agree terms with Porto.
"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 15 million euros," a club statement to the Portuguese stock market read.
Should the transfer successfully go through Fernando will become City's second signing of the summer, following the capture of Bacary Sagna from Arsenal.
