The Evening Standard claim that the 24-year-old is not on the list of the Reds' transfer targets this summer.
Fernandes has been linked with several clubs this summer - including Manchester United , Tottenham and Inter Milan - following a stellar season which saw him score 31 goals in all competitions as Sporting won the cup double in Portugal.
The former Udinese and Sampdoria man was also a key player in the Portuguese side which won the UEFA Nations League this summer.
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