Update from Thursday, June 26
Manchester City officially confirmed Fernando's transfer to the Etihad Stadium on Thursday, following Wednesday's news that a deal had been agreed with Porto.
City's official Twitter announced the following:
The rich are getting richer once again in European football, as Manchester City have come to terms with Porto in a €15 million transfer for Fernando that will bring the talented defensive midfielder to the Etihad Stadium.
From Ed Maylon of the Mirror:
Fernando was a regular contributor this past season, starting 25 matches for Porto in league play. The club finished a disappointing third on the table behind Benfica and Sporting Lisbon, though Fernando's play was regularly bright.
He also appeared in six Champions League matches, earning a 7.21 average match rating from WhoScored in those contest. And in five Europa League contests, he posted a 7.12 match rating while also notching two assists.
Andy Brassell of ESPN FC provides a brief scouting report on the player:
Fernando has evolved too. A straight-up, steadfast blocker when he first became a Porto first-team regular (after a year of acclimating to Europe, on loan at the now-defunct Estrela da Amadora), he was a player who benefitted from Andre Villas-Boas' grand ideas as much as Hulk or Joao Moutinho.
Villas-Boas made Fernando see that he could be more of an adventurous, well-rounded player. Before AVB, he rarely ventured past the centre circle. As Porto soared in a remarkable 2010-11 season—winning a treble of league, cup and Europa League—Fernando started to bring the ball out of his own half, to press further up the pitch and to make the play. It was the period in which he began to develop into the modern, more versatile defensive midfielder that all of Europe's top clubs desire today.
Fernando will be perfect for City. A club that has plenty of attacking talents that want to consistently stream forward, Fernando will be a rock in front of the defense, regularly winning the ball back and keeping City balanced.
But he'll also make runs forward and facilitate the attacking play, helping to quickly transition from defense into offense. Even in a central midfield that already includes Yaya Toure, Fernandinho and Javi Garcia, Fernando has the quality to become a regular fixture for the defending Premier League champions.
This was a tidy piece of business for City, make no mistake about it. The Citizens continue to attack the transfer market with a smart plan, and Fernando should contribute in a big way from day one.