Manchester City refuse to meet Chelsea valuation as Enzo Fernandez talks continue

Manchester City remain interested in signing Chelsea midfielder Enzo Fernandez, but the Premier League champions are unwilling to meet the Blues’ £120 million-plus valuation, according to reports.

Fernandez has emerged as a key target for City as they look to strengthen their midfield, with the Argentine reportedly keen on making the move to the Etihad.

Chelsea, however, are standing firm on their asking price for the 25-year-old, leaving the two clubs some distance apart in their valuation of the midfielder.

Jorge Mendes has reportedly become involved in the negotiations as both parties look for a compromise that could help unlock the transfer.

City’s interest comes as Pep Guardiola looks to reshape his midfield, with Fernandez viewed as a player capable of bringing quality, energy and control to the heart of the team.

Despite Fernandez’s reported desire to join City, Chelsea are under no pressure to sell and remain determined to secure a fee that reflects the midfielder’s importance to the squad.

The involvement of Mendes could prove crucial as negotiations continue, with the agent helping to explore whether there is a figure acceptable to both clubs.

For now, no agreement has been reached, with City unwilling to match Chelsea’s £120 million-plus valuation.

Fernandez therefore remains a Chelsea player, but with the midfielder reportedly pushing for the move and City still interested, the transfer could develop further as the window approaches its conclusion.