Chelsea have not yet received a formal proposal from Manchester City for midfielder Enzo Fernandez, and the club’s self‑imposed deadline of 5 p.m. on Friday is fast approaching.

City have expressed clear interest in the 25‑year‑old, a player who once enjoyed a close working relationship with former Chelsea boss Enzo Maresca during his brief tenure at the London club. Chelsea have placed a hefty valuation on Fernandez – roughly £120 million – and he remains under contract for another six years. Despite the summer transfer window being in full swing, no club has put forward an offer for the Portuguese international this season.

The Blues have made it clear that if Manchester City cannot meet their asking price, they have no intention of letting the player leave either this window or the upcoming January transfer period. The situation is further complicated by recent developments involving Barcelona and Manchester City’s own midfield stalwart, Rodri. Barcelona have recently seen a £40 million bid for Rodri rejected, prompting speculation that City could make a late‑season move for Fernandez before the transfer deadline closes on Tuesday, 1 September.

Such a scenario would see City juggling two high‑profile midfield targets as they look to reinforce a squad that already includes recent signings like Elliot Anderson, who arrived from Nottingham Forest for a reported £116 million. City’s transfer strategy appears to be broader than just Fernandez.

Reports suggest they are also in talks with Lille about Moroccan midfielder Ayyoub Bouaddi, indicating a desire to add depth across the midfield department. Meanwhile, Chelsea’s original purchase price for Fernandez was around £107 million when they secured his services from Benfica during the winter window of 2023. The club’s current valuation reflects both his on‑field importance and the premium they place on retaining a player who is still under a long‑term contract.

Relations between the two clubs have been strained ever since Maresca’s departure from Chelsea. The former manager left under contentious circumstances, resigning with three and a half years remaining on his contract after being linked to a possible succession plan for Pep Guardiola at Manchester City. Chelsea received £17 million in compensation for Maresca’s exit, but the episode left a lingering bitterness that now colours negotiations over Fernandez.

Chelsea imposed the 5 p.m. deadline as a way to prevent distractions that could arise from protracted transfer talks. The club wants new manager Xabi Alonso and his squad to concentrate fully on the upcoming season without the uncertainty of a major transfer saga hanging over them. In recent weeks, Fernandez found himself on the bench for two matches after he publicly expressed a desire to live in Madrid, a comment that sparked a brief controversy.

Both the player and his agent later issued apologies, stating that the remarks were made in the context of seeking improved contract terms at Chelsea. Real Madrid, another potential suitor, issued a statement earlier this summer denying any intention to pursue Fernandez, effectively narrowing the field of interested parties.

Meanwhile, Barcelona’s willingness to increase their offer for Rodri – now rumored to be in the £50‑60 million range – could trigger a chain reaction, prompting City to accelerate their pursuit of Fernandez before the deadline expires. The summer transfer window is set to close on Tuesday, 1 September, and clubs across Europe are racing against the clock to finalize deals. Chelsea’s high asking price for Fernandez reflects both his market value and the club’s strategic aim to retain a key player who has been integral to their midfield dynamics. Should Manchester City fail to meet the £120 million demand, it is likely that Fernandez will remain at Stamford Bridge for the foreseeable future, with the Blues focusing on integrating new signings and preparing for the challenges of the new Premier League season under Xabi Alonso.

In addition to the Fernandez saga, there are other rumors swirling in the transfer market. Nottingham Forest have shown interest in Tijjani Reijnders, while Barcelona remain poised to up their bid for Rodri, potentially reaching the £50‑60 million bracket. These parallel negotiations highlight the intense competition for top‑class midfield talent as clubs look to bolster their squads ahead of a demanding campaign.

Fans can stay updated on the latest developments through Sky Sports’ live transfer centre, which provides real‑time headlines, Premier League ins and outs, and streaming options for matches. For those who prefer mobile access, the Sky Sports app offers a convenient way to follow the action, and the platform also encourages users to follow their WhatsApp channel for breaking news, video highlights, and in‑depth analysis. Overall, the deadline set by Chelsea serves as a clear signal: they are prepared to stand firm on Fernandez’s valuation and will not allow the transfer talks to distract their preparations for the new season. Whether Manchester City can meet the financial terms and complete the deal before the window shuts remains to be seen, but the coming hours promise to be decisive for the future of one of the Premier League’s most promising midfielders.