Enzo Fernandez wants to leave Chelsea after the club failed to qualify for European play. However, the London club will demand €150 million for the Argentine midfielder.

The 25-year-old, who joined Chelsea from Benfica in 2023 for £107 million, is under contract until 2032 – which is reflected in the potential transfer fee.

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The world champion is still part of the club’s plans for next season, but Chelsea will consider bids that meet their valuation.

– Scored 15 goals – finished second in the club’s ranking

After scoring 15 goals and providing seven assists last season, Fernandez finished second in the Chelsea Player of the Year vote.

Javier Pastore, Fernandez’s agent, is now mapping out possible destinations – with Real Madrid being the Argentine’s preferred option.

City may be relevant – but prioritising Anderson

Other options include Manchester City, who are expected to appoint former Chelsea manager Enzo Maresca as Pep Guardiola’s replacement in the next few days. However, their priority is to sign Nottingham Forest midfielder Elliot Anderson.

French club Paris Saint-Germain have downplayed the likelihood of a transfer, despite being linked with the player.

Real Madrid won’t pay the price – unless…

Real Madrid are known to be unwilling to pay Chelsea’s price tag, unless they manage to raise significant funds through player sales. They have also been linked with Manchester City midfielder Rodri.

Chelsea must invest in established Premier League players

Key figures at Stamford Bridge acknowledge that they need to invest in established, Premier League-ready talent for new manager Xabi Alonso – after a disappointing season in which Chelsea finished 10th and without a single trophy.

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