Having been captain since his £80m arrival in 2019, the already under fire Maguire was dropped from the starting XI by Erik ten Hag following a disastrous start to last season.
The England international never regained his regular starting place and was often overlooked in favour of Victor Lindelof towards the end of the campaign. With Raphael Varane and Lisandro Martinez set to continue as Ten Hag's preferred centre-back pairing, the chances of Maguire ever being able to permanently force his way back into the team appear slim.
"After discussions with the manager today he has informed me he is changing captain. He outlined his reasons to me and whilst I'm personally extremely disappointed, I will continue to give my all every time I wear the shirt," Maguire confirmed with a statement on social media earlier this month.
Ten Hag has informed Maguire it would be best for all parties if he completes a move away from Old Trafford this summer. The centre-back himself has been keen to stay, although it is thought his latest conversation with the manager may help change his mind.
There is interest from several clubs in Italy, where the likes of Fikayo Tomori and Chris Smalling have thrived since leaving the Premier League, as well as West Ham and Newcastle. Even Chelsea have made enquiries after losing Wesley Fofana to a long-term injury.
Fernandes, who wore the armband throughout most of last season when Maguire wasn't on the pitch, was later confirmed as the new captain as only the fourth non-British or Irish captain in the club's 145-year history after Eric Cantona, Nemanja Vidic and Antonio Valencia.
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