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Latest turn of events regarding£120m Chelsea star’s move to Real Madrid

Chelsea transfer news: Real Madrid speculation cools over Enzo Fernandez as Chelsea set £120m price tag

Chelsea transfer news: The Spanish press loves a transfer saga. They’ve been banging the drum for weeks about Enzo Fernandez swapping Stamford Bridge for the Bernabeu, claiming a deal was practically done. It isn’t. Ben Jacobs has put the brakes on those wild rumours from Madrid, confirming that no agreement exists between the Champions League holders and the Argentine midfielder.

Personal terms won’t be the roadblock here. If Real actually lodge a proper bid, the player side of things will get sorted easily enough. For now, Madrid are just scouting other options while planning to touch base with the Chelsea hierarchy. But the Blues aren’t budging. They want £120m. Not a penny less for a World Cup winner whose contract runs until 2032. It’s a massive valuation, designed to make Los Blancos think twice while Chelsea keep a firm grip on their prized asset.

Why Xabi Alonso must draw a line in the sand?

Enter Xabi Alonso. The Basque manager officially takes the reins on July 1, and the very last thing he needs is his engine room gutted before he’s even taken his first training session.

Losing Fernandez now ruins any tactical blueprint. It’s bad business. Worse than that, it shows a spineless lack of authority from the board. Yes, Financial Fair Play is a constant headache, but caving to Madrid’s games devalues the whole project. Alonso was a master midfielder himself. He knows exactly what it takes to control a game, and he needs elite progressors to make his system work in West London.

Selling under value? Terrible. Chelsea hold all the cards here. The board must tell Real Madrid to pay the full £120m or stop calling.

Read: Newcastle United want Chelsea man – Blues holding out for £40m

With Fernandez currently away showing his class at the World Cup, his stock remains incredibly high. Keeping him sends a massive message to the rest of Europe. Chelsea aren’t a selling club anymore. Alonso needs stability, top-tier talent, and a squad that can fight for silverware immediately. Letting the Spanish giants dictate terms would ruin the new manager’s era before it even starts.

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