"A further announcement will be made in due course", is how the Red Devils ended their statement, but Fred is a Red and that's nothing but good news for the club.
Handed his debut by Dunga in 2014, Fred's worldwide career was disrupted after testing positive for the diuretic hydrochlorothiazide during the 2015 Copa America.
United might not yet be finished with transfer activity prior to the June 14 kickoff of the World Cup.
He becomes the first major summer signing by United boss Jose Mourinho, who is also reportedly closing in on a deal for Porto defender Diogo Dalot.
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"I was happy with my performance during the season, I played very well, I always try to do my best, always try to work hard and sometimes to stay on the bench is difficult but I respect the decision of the manager, always", he said.
'He is a wonderful, gifted player and I believe he is going to do well at Manchester United because he is a wonderful talent'. He'll also be the third player to have played for both United and Internacional after Anderson, Possebon and Forlan.
Who is he and what position does he play? One ex-teammate told the South China Morning Post: "Fred's a good player skilfully, though he's not physically strong or quick".
Fred had previously been targeted by Manchester City, so this is no doubt a victory for United on multiple levels.
With midfielder Michael Carrick retiring from playing and Marouane Fellaini having refused to sign a new contract and expected to leave, Mourinho wanted to strengthen midfield. So it remains to be seen how Fred will cope in the Premier League.
He is industrious, dynamic, energetic and possesses a wide array of technical qualities, which could make the Belo Horizonte born player the flawless foil for Nemanja Matic and Paul Pogba.