Manchester United have confirmed they have an agreement in principle with Fenerbahce for the transfer of Fred.
The Brazil international is set for a switch to the Turkish Super Lig, subject to a medical, agreeing personal terms and receiving international clearance to process the move.
Fred will sign for a €15m fee.
It is understood United will receive 10m euros (£8.62m) for the 30-year-old, with an additional 5m euros (£4.31m) in potential add-on payments.
The deal is subject to personal terms and international clearance.
The Brazil international, 30, has been told that he is unlikely to play a significant role in United manager Erik ten Hag’s squad this season.
Fenerbahce’s Istanbul rivals Galatasaray and Premier League side Fulham were among other clubs to have expressed an interest in the player.
Fred’s contract at Old Trafford is scheduled to expire next summer.