Manchester United have announced that they have reached a deal with Shakhtar Donetsk to sign midfielder Fred.
Earlier reports suggest that the Red Devils have agreed to pay £50m for the Brazil international, but the club are yet to officially divulge full details of the transfer.
"Manchester United is delighted to announce it has reached an agreement with Shakhtar Donetsk for the transfer of Frederico Rodrigues de Paula Santos," read a statement posted on the official United website.
"A further announcement will be made in due course."
Fred, who started on the bench for Brazil during their recent 2-0 friendly win over Croatia, has been named in the Samba Boys' squad for the World Cup finals.