Fernandez wants Chelsea exit but club would demand £120m

Enzo Fernandez is seeking a departure from Chelsea following the club's failure to secure European competition qualification. However, Chelsea has set a hefty asking price of £120 million for the Argentina midfielder.

At just 25 years old, Fernandez joined Chelsea from Benfica in 2023 for a record fee of £107 million and is contracted until 2032, a factor that significantly influences the valuation.

While Chelsea is still factoring him into their plans for the upcoming season, they are open to offers that align with their financial expectations.

Fernandez concluded the last season as a standout performer for Chelsea, netting 15 goals and registering seven assists, ultimately securing the position of runner-up in the club's player of the season award.

His agent, Javier Pastore, is actively researching potential transfer options, with Real Madrid cited as a leading preference.

Additional possibilities include Manchester City, particularly as they are anticipated to appoint Enzo Maresca, formerly of Chelsea, as Pep Guardiola's successor in the near future. Nonetheless, City's immediate priority lies in acquiring Nottingham Forest midfielder Elliot Anderson.

On another note, Paris Saint-Germain has expressed a diminished probability of entering the market for Fernandez, despite previous links to a move.

Real Madrid is reportedly hesitant to meet Chelsea's financial demands unless they can generate substantial revenue through player sales, also having shown interest in Manchester City midfielder Rodri.

Recognizing the need for reinforcements, key executives at Stamford Bridge understand the importance of investing in established, Premier League-experienced talent for new manager Xabi Alonso, particularly after a lackluster season that saw Chelsea finish in 10th place and without any trophies.