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Chelsea nearing EPL-record deal for Enzo Fernandez

Chelsea reportedly nearing Premier League-record deal for Benfica ace Enzo Fernandez

January 30, 2023 By Ali M.
The Blues are ready to spend big on the 2022 FIFA World Cup winner after re-entering negotiations for the Argentine sensation.

Chelsea are reportedly inching closer towards a deal for highly-rated Argentine Enzo Fernandez, with the English giants lodging a Premier League-record fee for the 22-year-old.

With less than 48 hours remaining in the January transfer window, the Blues have made a late surge to sign the South American from Benfica after seeing their initial negotiations break down. The Portuguese giants have been unwavering, demanding the release clause for the World Cup winner, with Boehly and Co. now being ready to offer that amount.

Enzo's current release clause is valued at  €120M ($130M) and while Chelsea are willing to match that amount, the London giants are looking for more favorable terms. According to the Athletic, Potter's side have lodged a bid worth the $130M-mark in total but instead of paying it all in one go, the English side look to offer a large portion upfront before paying the rest in instalments.

TalkSPORT now claims that Chelsea are confident of getting this deal done before the winter window shuts close on Tuesday at 6 p.m. ET. However, there are conflicting reports from other sources.

Benfica have publicly stated that Fernandez's release clause would have to be triggered in order to sign him this month. However, the Blues have offered a structured deal and as a result, Ben Jacobs of CBS Sports claims that the Eagles board are split over whether to accept this offer or not.

Regardless, even if the bid was to be rejected, the rumors are that Chelsea might end up triggering the release clause as a last resort. 

Boehly's side are currently 10th in the Premier League with a 10-point gap to overcome over fourth-placed Manchester United if they are to qualify for the UEFA Champions League next season. As a result, Chelsea's aggressive approach is understandable as they look to address their midfield crisis before February 1.

If completed, Enzo will become the most expensive player in Premier League history, just surpassing the amount Manchester City coughed up for then-Aston Villa superstar Jack Grealish.

Additionally, this would be yet another addition in what has been a tremendous spending spree under Chelsea's new ownership, with the club splashing nearly $247M in this month alone.


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