Multiple reports claim that Real Madrid have agreed personal terms with Chelsea midfielder Enzo Fernandez, but one major hurdle remains for the Spanish giants. Should Fernandez attempt to force his exit this summer, Chelsea are believed to be seeking around £120 million and are adamant they will not sell their prized asset for anything less than his perceived value.
After a very turbulent campaign for the West London outfit, the 25-year-old has reportedly decided his future lies away from Stamford Bridge. Chelsea finished 10th in the Premier League and will not be involved in any European competition in 2026-27, and the Argentine was seen appearing to wave goodbye to the fans after the final-day defeat to Sunderland.
The World Cup winner joined from Benfica in February 2023 in a deal worth around £107million, a British record at the time, and now wants a new challenge in the Spanish capital. His forthright remarks, in which he talked about his hope to live in Spain, during the international break in March sparked feverish speculation and earned him a two-match club suspension.
Interestingly Fernandez would like to have his club future fully sorted out before playing for Argentina at the World Cup this winter. Chelsea are in a strong position in terms of his contract until 2032 and feel under absolutely no pressure to cash in cheaply.
How Real Madrid Could Structure A Player-Plus-Cash Deal For Enzo Fernandez
According to reports, Real Madrid are considering other options as Chelsea’s huge asking price makes the deal unaffordable. The Blancos don’t have the cash flow to afford a straight cash deal, and there’s talk of players being included as sweeteners.
Reports suggest Chelsea are keen to sign two big-name Real Madrid players, Aurelien Tchouameni and Eduardo Camavinga. The Spanish side could also consider triggering buy-back clauses for two impressive youngsters who shone away on loan last season. That would mirror the approach Madrid have already taken to assist other smart pieces of summer business.
The whole saga is tied up in Florentino Perez’s upcoming presidential election campaign at the Santiago Bernabeu. And with the window open, both clubs are left with delicate negotiations that could drag deep into the coming weeks.