The 26-year-old is already on a package including a basic wage of £100,000 per week, but that pales in comparison to the likes of the club's top earners David de Gea and Paul Pogba.
Ole Gunnar Solskjaer’s side are now keen to bring Fernandes' paycheck in line with his teammates in light of his standing as United’s leading star.
According to The Sun, the Portuguese midfielder will be offered a new contract worth £200,000 per week, with a number of bonuses and incentives included to sweeten the deal.
Currently, Fernandes is the seventh-highest paid player at Old Trafford – only just ahead of veteran Juan Mata.
Fernandes’ new salary will see him earn parity with Marcus Rashford, though will still only rank joint-fifth for income in the team.
De Gea is still far and away the highest earner on a mammoth £375k per week, ahead of Pogba on £290k.
Behind them comes Anthony Martial on £250k and Edinson Cavani on £210k.
In fact, Fernandes' new deal will see him leapfrog only captain Harry Maguire.
This article was most recently revised and updated 2 years ago