Portuguese media outlet O Jogo, as quoted by Metro, is reporting that Manchester United and Spurs are ready to make concrete offers for Fernandes.
The same article states that Manchester United manager Ole Gunnar Solskjaer is eager to sign two new midfielders this summer.
According to the same story, Sporting Lisbon are looking to secure a transfer fee in the region of £60m for their prized asset.
The report goes on to add that Fernandes’ agent Miguel Pinho has been in England to hold talks with some Premier League clubs.
Tottenham completed a club-record deal for Lyon midfielder Tanguy Ndombele earlier this month to bolster their midfield.
Manchester United started their summer spending with the £15m addition of Swansea City midfielder Danial James last month.
The Red Devils got a £50m deal over the line for Crystal Palace defender Aaron Wan-Bissaka earlier this month.
Manchester United are facing speculation surrounding their prized midfielder Paul Pogba this summer.
The Red Devils parted company with Spanish midfielder Ander Herrera last month after the former Athletic Bilbao star left on a free transfer following five seasons at Old Trafford.
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