Reports suggest that the Brazilian will play alongside Paul Pogba and Nemanja Matic in a midfield three at United. The Red Devils have finalised a fee of around £44m for the transfer which is slightly lesser than the midfielder's £53m release clause.
Fred is in Brazil's World Cup squad and is expected to travel to England this weekend as the national side build up to a friendly against Croatia on 3 June.
We round-up the latest Manchester United transfer rumours on Saturday, May 26.
The former Internacional player added: "I am focused exclusively on the World Cup".
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With Michael Carrick retiring and Marouane Fellaini seemingly on his way out too, Mourinho required a new central midfielder, hence the interest in Fred.
Fred made 37 appearances for Shakhtar in all competitions this past season, scoring four goals and providing seven assists from the centre of midfield.
Fred, however, says his immediate focus is on the World Cup and the matter will be dealt with by his representatives, who include former Arsenal midfielder Gilberto Silva.
Fred is an excellent technical player, coupling his passing range with a high intensity work-rate, great balance, composure, and a delightful dribbling ability even in the face of intense pressing.