Manchester City have completed the signing of midfielder Enzo Fernandez from Chelsea for £125 million, equaling the joint-highest transfer fee in British football history. The move concludes a lengthy saga that saw the Argentina international express his desire to leave Stamford Bridge throughout the summer. Negotiations between the two clubs intensified over the final 24 hours before reaching an agreement on Tuesday.
The acquisition represents another record-breaking investment for City during an unprecedented transfer window. Their total spending has reached £458 million, surpassing Liverpool’s previous Premier League record of £415 million set last summer. However, City have offset much of this expenditure through player sales, generating approximately £300 million. The 25-year-old will reunite with manager Enzo Maresca, who previously worked with him during his time at Chelsea.
Fernandez’s departure allows Chelsea to register exceptional income from player sales, with transfers now expected to exceed £400 million for the window. The fee ranks as Chelsea’s second-largest sale in club history. Fernandez had previously targeted a move to Real Madrid, but the Spanish club ultimately declined to make an offer. The midfielder expressed his mixed emotions regarding the transfer through an Instagram statement, acknowledging the difficulty of his decision while praising his time at Chelsea.
Originally reported by Sports.yahoo →
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