‘The Octopus’ has a contract at the Dragao until 2017.
Mega-rich Premier League outfit Manchester City are set to reignite their interest in coveted FC Porto defensive midfielder Fernando at the end of the season, according to reports in the Daily Mirror.
The north-west side tried to sign the former Brazil Under-20 international during the January transfer window, only for City to fail to come to an agreement with the Portuguese giants for the player, and his team-mate Eliaquim Mangala too, in a proposed £40m double deal.
And when Fernando then agreed to put pen to paper on a new deal at the Estadio Dragao which keeps the 26-year-old at Porto until June 2017, City’s chances of being able to lure Fernando to Eastlands when the summer transfer window reopened for business appeared to be over.
However, Fernando’s new deal contains a buyout clause it that allows any interested suitors in the holding midfielder to be able to sign the Brazilian this summer for a fee of £20m, the value of his release clause, a figure that big-spending City will easily be able to afford, although they are unlikely to also sign Mangala.
SEE ALSO: The top 10 managers in world football