Sky Sports News understands there remains a willingness from all parties to get a deal done for the 25-year-old Portugal worldwide midfielder to move to Old Trafford, with talks expected to resume between the clubs this week.
United are reportedly still keen to sign him and will resume negotiations next week in the hope they can come to an agreement with Sporting over the transfer fee.
As a result, Sporting Lisbon's assistant coach Emanuel Ferro has publicly stated his belief that Fernandes will still be at the club beyond the end of January - a group he suggested is shared by the squad.
Earlier reports had claimed that Manchester United are looking good for the transfer of the Senegalese worldwide centre back who's expected to leave Napoli this summer after growing tired about his time with the Italian Serie A club.
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Manchester United are now without Scotland worldwide Scott McTominay and World Cup victor Paul Pogba due to injury.
That is according to Portuguese publication Correio da Manha, as translated by Sport Witness, who claimed that City are also willing to agree terms now and allow the player to remain at Sporting for the remainder of the season.
Fernandes has managed to contribute 13 goals and ten assists in 22 matches in all competitions this season for Sporting. There has been talk about the English league, but who wouldn't like to play there?
Sky Sports will bring you the very latest news from the January transfer market with the return of three shows.
"It is now thought Sporting are not totally happy with the structure of the deal and would want more money upfront, but agents' fees may have complicated the payments plan".