Manchester City are reportedly considering a £120 million move for Chelsea midfielder Enzo Fernández as the Premier League champions look to strengthen their midfield ahead of the transfer deadline.


The Argentina international has emerged as a key target for City, with reports suggesting that the club could make a formal approach for the 25-year-old before the transfer window closes on September 1.


Chelsea, however, are understood to have placed a valuation of around £120 million on Fernández and remain reluctant to part with the midfielder unless their financial demands are met.


Fernández joined Chelsea from Benfica in January 2023 in a British-record transfer at the time and has since established himself as an important figure at Stamford Bridge.


Manchester City’s interest comes as the club continues to reshape its midfield. Fernández’s technical ability, passing range and experience at the highest level are believed to have made him an attractive option for the Premier League champions.


City are reportedly weighing up whether to meet Chelsea’s asking price, although previous reports suggested the club was unwilling to exceed its previous British-record spending figure.


Despite the speculation, Fernández remains a Chelsea player, and no deal has been confirmed between the two clubs.


With the transfer deadline approaching, negotiations could intensify in the coming days as Manchester City decide whether to make a formal bid for the Argentine midfielder.


If the proposed £120 million transfer goes through, it would rank among the most expensive transfers in Premier League history and represent a major statement of intent from City.