Manchester City have smashed the British transfer record books again, landing Enzo Fernandez from Chelsea in a deal that will reshape the Premier League title race.
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Enzo Maresca’s side have pulled off one of the biggest transfer stories of the summer. Manchester City have signed Enzo Fernandez from Chelsea for a joint-British record fee of £125m, as per latest transfer news. The move ends months of rumours and reunites the midfielder with a familiar face at the Etihad.
A deal that rewrites the EPL transfer record books
Manchester City have officially completed the signing of Enzo Fernandez from Chelsea for a fee of £125m, as reported by BBC. The fee matches the British transfer record set by Liverpool when they paid Newcastle for Alexander Isak on deadline day last year.
Fernandez has now become the first player in Premier League history to be involved in two separate transfers worth more than £100m. He joined the west London side from Benfica back in 2023 for £106m. That earlier deal already broke records at the time, and now his second big move has placed him right at the centre of English football‘s spending story once again. City have signed a five-year contract with the Argentine. This shows real long-term ambition for a player they clearly see as central to their midfield rebuild. This move also pushes City’s overall summer spending to around £43m.
Meanwhile, Xabi Alonso’s side will pocket a tidy profit of roughly £18m on a player they signed just three and a half years ago. The deal was sealed after intense late-night talks. Both clubs reached an agreement just hours before the transfer window closed.
Fernandez’s all-time Chelsea stats, as per FOTMOB:
Matches Goals Assists
170 31 29
Fernandez’s trophies won at Chelsea:
Florida Cup(2023) 1
Premier League Summer Series(2023) 1
Conference League(2024/25) 1
FIFA Club World Cup(2025) 1
Enzo Fernandez chose Enzo Maresca’s Man City
Fernandez had been booed by Chelsea fans during preseason friendlies and again during a league appearance too. That was a clear sign that his relationship with the fanbase had broken down. He even asked to be left out of recent matchday squads as he pushed for an exit.
What makes this move especially interesting is the reunion with Enzo Maresca. The Italian coached Fernandez during his time at Chelsea and clearly rates him highly enough to want him again at his new club. This signing could turn City into Arsenal’s biggest challenger for the PL title this season. This shows just how much impact this deal is likely to have on the competitive balance at the top.
The bigger picture behind this summer’s spending
Fernandez becomes one of several players to move for fees close to or above £100m. The others include Morgan Rogers joining Chelsea and Bradley Barcola signing for Liverpool. Chelsea’s business this window has been just as dramatic. The club is likely to bank more than £400m in sales. That is a huge jump from their previous record of around £300m.
Their attempt to replace Fernandez hit trouble late in the window when Monaco pulled out of a deal to sell Lamine Camara. This left Chelsea frustrated but still willing to honour their commitment to City. Meanwhile, Maresca’s side are building a squad capable of dominating both domestically and in Europe for years to come.
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