Sportal.bg reports that Ludogorets and Botafogo have reached an agreement for the acquisition of Nathan Fernandes, who is a Brazil youth international. He will play for Ludogorets on loan, and the contract includes an option to purchase. Nathan is currently training with Ludogorets while the club works on finalizing the documentation procedures for his registration. Nathan Fernandes commented that he knows what kind of team Ludogorets is and what goals they pursue, adding that they need to win back the title and perform well in European club competitions.

According to Globo.com, Nathan Fernandes was recently loaned to Ludogorets.

Botafogo is finalizing a loan for Brazilian winger Nathan Fernandes to Ludogorets of Bulgaria, and the deal will include an obligation to buy. The 21-year-old, who previously joined Botafogo from Grêmio on a contract until the end of 2029, has already been in Bulgaria for the last few days awaiting the final agreement between the clubs to sign his contract. The transfer will be officially confirmed after the completion of bureaucratic procedures. Fernandes has five caps for the Brazil U20 national team. In the 2025/2026 Série A season, he made 4 appearances and provided 1 assist. His current Transfermarkt market value is €4.00m, a decrease from the reported €9.5 million fee Botafogo paid to Grêmio for his transfer in February 2025.