Manchester United has agreed to buy Fred from Shakhtar Donetsk for $64 million.
United has seen off competition from Manchester City to land Fred, who is set to move to the Premier League after five seasons in Ukraine.
City were close to signing Fred in January before turning his attention to Jorginho.
Fred will compete for a place in United's midfield next season with Nemanja Matic, Paul Pogba, Ander Herrera and Scott McTominay.
Via Rob Dawson/ESPN