10 Feb, 13:30
Manchester City have agreed a £44.5million deal with Shakhtar Donetsk for Fred.
City had been working to sign the 24-year-old throughout January; having initially been happy to bring him to the Etihad, is believed that all parties have agreed on the terms of the move, although nothing is officially signed.
The Blues were unable to break Shakhtar's resolve to keep the midfielder for the remainder of their Champions League campaign, but they have been in constant talks with the Ukrainians over the past week to put together an agreement which will come into effect this summer.
United will be disappointed to miss out on Fred, but Guardiola had identified the 24-year-old as a key target.
Fred plays in central midfield and has missed just four games, through suspension, for Shakhtar this season.