A short statement released by the club on Wednesday evening confirmed the 26-year-old, who has been at the Portuguese giants since 2007, has made the switch to Manchester. Fernando Francisco Reges, to give him his full name, had signed a contract extension until 2019 back in February. But City, having tried to sign the player in January, have now been given the green light for a deal worth £12m.
Porto sent a letter to the stock exchange confirming Fernando's transfer to the Premier League champions, along with the fee of €15m (£12m). A photo of the letter has been posted on the Portuguese stock exchange's website.
Fernando is City's second signing of the summer after Bacary Sagna's free transfer from Arsenal.
Source:DailyMail
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