Manchester City have signed Argentina international midfielder Enzo Fernandez from Chelsea in a deal worth £125 million, equalling the British transfer record. The 25-year-old becomes the first player to be sold for more than £100 million twice in his career, having previously joined Chelsea from Benfica in January 2023 for a then-British record fee of £107 million.
The move ends the summer's longest-running transfer saga and reunites Fernandez with City coach Enzo Maresca. City further bolstered their attack on a dramatic deadline day by signing Iliman Ndiaye from Everton for up to £65 million.
While Chelsea held out for a huge fee for Fernandez, the club was left raging after their attempts to replace the midfielder were dashed by Monaco reneging on an agreement to sell Lamine Camara. These moves were part of a deadline day frenzy where Premier League clubs smashed the £3.1 billion transfer-spending record as clubs across England reshaped their squads.