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Man City agree £125m fee for Chelsea's Fernandez

Manchester City have reached an agreement to sign Chelsea midfielder Enzo Fernandez for a joint-British record fee of £125m.

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02 Sep 2026Source: BBC Sport3 min read (0 views)
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Man City agree £125m fee for Chelsea's Fernandez

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  • Man City agree to pay £125m for midfielder Enzo Fernandez
  • Fernandez joined Chelsea from Benfica in 2023 for £107m
  • The deal marks City's second broken club transfer record this summer
  • Chelsea's summer player sales exceed £400m

Manchester City have reached an agreement with Chelsea to sign midfielder Enzo Fernandez for a joint-British record fee of £125m. Fernandez originally transferred to Stamford Bridge from Benfica in 2023 for £107m before deciding to push for a move away from the club since March.

Both clubs negotiated over the 24-hour period to finalize the agreement, and the player is now set to undergo a medical examination ahead of signing a long-term contract with the Etihad Stadium outfit. Personal terms are not expected to be an issue. The transfer allows Fernandez to reunite with City manager Enzo Maresca, who previously managed him during his tenure at Chelsea.

£125mFernandez transfer fee
£400m+Chelsea summer sales revenue

The deal comes after Fernandez missed Chelsea's 4-3 Premier League win against Brighton and a 2-0 Carabao Cup victory over Luton, following reports from Argentina that he requested to be left out of the squads. Fernandez had initially targeted a move to Real Madrid, but the Spanish club released a statement ruling out any offer.

soccer ball grass field close up no team crest

Stock photo for illustration only, not from the actual event

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"Manchester City have agreed to pay a joint-British transfer record fee of £125m for Chelsea midfielder Enzo Fernandez."

BBC Sport

City's midfield has undergone a significant transition this summer with four departures, including Rodri joining Barcelona for £65m, Tijjani Reijnders moving to Al-Qadsiah for £52m, Nico Gonzalez heading to Newcastle for £52m, and Bernardo Silva leaving for Real Madrid as a free agent. To reinforce the squad, City signed 18-year-old Ayoub Bouaddi from Lille for £86m alongside Allan Elias, Jeremy Monga, and Geronimo Rulli.

The aggressive spending and squad overhaul by both Manchester City and Chelsea highlight the intense strategic adjustments taking place among Premier League giants. While City continues to refresh its core midfield options, Chelsea's massive player sales wave reflects their need to balance books and trim the squad following a trophyless campaign outside European competition.

For Chelsea, Fernandez's departure ranks as the second-highest sale in club history behind Eden Hazard's 2019 move to Real Madrid, propelling their total summer revenue past the £400m milestone and eclipsing their previous record of £300m set last season.

Source: BBC Sport

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