Back to the drawing board as Manchester United see bid for midfielder rejected
Ole Gunnar Solskjaer wants to strengthen his midfield after Ander Herrera's departure on a free transfer.
And the Norwegian has made Fernandes, who scored 31 goals in all competitions last term, one of his leading targets.
However, United have been dealt a blow after their opening offer for the Portugal international was reportedly turned down.
The Lisbon-based club hope to drive the price up by sparking an international bidding war.
United could return with a second proposal or may decide to turn their attention elsewhere.