Manchester City have officially signed Enzo Fernandez from Chelsea in a deal worth £125m, with the Argentina midfielder joining the club on a contract running until the middle of 2031.
The 25-year-old was formally presented as Manchester City’s latest signing after completing his move from the Premier League club. The transfer fee is approximately €145m, according to the figures announced alongside the agreement.
Fernandez has agreed long-term terms with Manchester City, committing his future to the club for the next five seasons beyond the current campaign. His arrival marks the end of his spell at Chelsea, where he established himself as an important member of the midfield after joining from Benfica in January 2023.
Chelsea paid €121m to sign Fernandez from the Portuguese club. His subsequent move to Manchester City means the midfielder has now completed another major transfer only a few years after leaving Benfica.
During his time with Chelsea, Fernandez made 170 appearances and contributed 31 goals and 30 assists. Those figures include his involvement across the matches played during his period at Stamford Bridge, where he combined his midfield role with a significant contribution in the final third.
Manchester City have confirmed the transfer and introduced Fernandez as a new member of their squad. The agreement secures the Argentina international’s services until mid-2031 and places him under contract with the club for an extended period.
The financial terms make the move one of the most substantial transfers involving a Premier League player. Manchester City will pay £125m for Fernandez, while the equivalent value of the deal has been given as about €145m.
For Chelsea, the transfer brings an end to Fernandez’s stay at the club after 170 matches. He leaves having scored 31 times and provided 30 assists since his arrival from Benfica in January 2023.
Fernandez joined Chelsea after the London club reached an agreement with Benfica worth €121m. He now moves on to Manchester City at the age of 25, with his new contract scheduled to remain in force until the middle of 2031.
The midfielder has therefore made two high-value moves during his recent career: first from Benfica to Chelsea and now from Chelsea to Manchester City. His latest transfer has been made official by Manchester City, who have confirmed him as the club’s newest signing.