The box-to-box midfielder, who has slipped down the pecking order at the Super Eagles since Wilfred Ndidi broke into the first team after making a £17m move from Genk to Leicester City last January, became one of the hottest properties in Europe after helping Nigeria win bronze at the Rio 2016 Olympic Games.
The 22-year-old was linked with a move to the likes of Turkish powerhouse Fenerbahce and Leicester City during the summer transfer market, but Etebo remained at his small Portuguese club as Fogaceiros reportedly demanded a big transfer fee for the player they bought on the cheap from Warri Wolves last year.
Etebo in October penned a contract extension that will keep him at the 5,401-capacity Estádio Marcolino de Castro until 2019.
According to reports in the Portuguese media, Feirense also slapped a €10m release clause on the player’s head.
Radio e Televisao de Portugal reported on Sunday Primeira Liga leaders Porto had agreed a deal with Feirense for their Nigerian import to swap the small Estadio Marcolino de Castro for the 50,033-capacity Estadio do Dragao next month.
The radio station said the Dragons had agreed to pay Feirense €6m for the attacking midfielder. However, reports say Porto would pay half of the player’s transfer fee and pay the remaining later.
The influential Lisbon-based sports newspaper A Bola also reported that Etebo would dump Feirense for Porto, who face Liverpool in the second round of the UEFA Champions League, next month.
“Etebo will move to the Dragao Stadium in January after an agreement was reached,” A Bola said.
Porto manager Sergio Conceicao declined to comment on whether Etebo, who has scored four league goals in 15 appearances for Feirense this term, would be arriving at Estadio do Dragao in January to strengthen the 2004 European champions in the winter market.