Bruno Fernandes has agreed TO a four-and-a-half year contract with the option of an extra year with Manchester United, the UK Guardian reports.
The Portuguese midfielder will earn around £70,000 per-week plus bonuses.
United have agreed a £68m fee with Sporting Lisbon for Fernandes.
After weeks of negotiations, United executive vice-chairman Ed Woodward reached an agreement with Sporting’s director Hugo Viana.
United will pay an initial fee of 55m euros (£46.56m) plus add-ons for Fernandes, with the deal eventually rising to 80m euros (£67.76m).
Sporting would receive a further 10m euros (£8.46m) from the Red Devils, if Fernandes reaches what are considered easily achievable targets and an additional 15m euros (£12.7m) if more difficult targets are met.