TuttoMercatoWeb report that Brazilian midfielder Fernando has renewed and extended his contract with Porto until June 2017.

Porto have therefore managed to keep the player despite heavy interest from clubs such as Manchester City, Inter, Napoli, Juventus and Liverpool this January but may be forced to sell the player in June. This may occur because the new contract contains a minimum release-fee clause of 30 million Euro’s where 0 million will go to Porto whilst the remaining 10 million Euro’s will be divided between the player and his agent.