Fred, who played his last game for Fenerbahçe on August 10, has been working with Atlético-MG since before the transfer window opened. The midfielder has agreed on salary bases and contract duration with the Brazilian club, with his new deal set to last for three and a half years. Fred is expected to sign a contract with Atlético-MG and be announced as a reinforcement in the current transfer window. He will join the club along with Léo Duarte and Thiago Borbas, making him one of the main reinforcements in Brazilian football this summer.
Atlético-MG's staff had been in talks with Fenerbahçe to secure Fred's release, and the Turkish club has agreed to let him go without any costs. This clears the way for Fred to join his new team, with the announcement expected to occur in the coming days.
Fred played for Fenerbahçe in the Turkish league and in the Champions League qualifying rounds, but his time with the club has come to an end. He is now set to join Atlético-MG, where he will look to make a significant impact in the current transfer window.