**Chelsea have given Manchester City and any other interested club until 5pm UK time on Friday to submit a £120million net bid for Enzo Fernandez, with the midfielder expected to stay at Stamford Bridge if the valuation is not met.**
The Blues are looking to bring months of uncertainty surrounding the Argentina international to an end before the new Premier League season begins.
**[The Athletic’s David Ornstein reports](https://www.threads.com/@davidornstein/post/Db9B6_PjCVS/)** that Chelsea have now set a firm cut-off for any club wanting to sign Fernandez this summer.
Manchester City remain interested, but Chelsea will not allow negotiations to drag on indefinitely.