Manchester City news

Fernandinho sacrificed £4m to join City

June 7, 2013
By ESPN staff

Fernandinho waived £4 million in loyalty payments to secure his move to Manchester City, according to widespread reports.

Fernandinho
PA PhotosFernandinho has won five caps for Brazil

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Fernandinho completed his move from Shakhtar Donetsk to the Etihad Stadium on Thursday after long negotiations between the two sides.

With City unwilling to meet Shakhtar's £34 million asking price, the 28-year-old Brazil international is said to have sacrificed the bonus payment to allow the Premier League side to pay just £30 million.

ESPN FC had been informed that City had been looking to pay closer to £20 million, while the Ukrainian club had originally sought over £42 million.

Shakhtar, meanwhile, have finalised the €9 million signing of midfielder Wellington Nem from Fluminense on a five-year deal.

"I know this club is used to winning and collecting lots of titles," Wellington, 21, told the club's official website. "That was the main reason I came to Donetsk. Besides, lots of Brazilians play here and have a good reputation."