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Real Madrid and City Explore Player-Plus-Cash or Swap Routes for Chelsea’s Enzo Fernández

Agent contact has opened early talks that could pressure Chelsea to consider structured offers instead of a full cash sale.

Overview

  • Late May reports say Enzo Fernández wants to leave Chelsea and has expressed a preference for a move to Real Madrid.
  • Chelsea have set a sale valuation near £120 million while stressing they are not obliged to sell because his contract runs until 2032.
  • Real Madrid and Manchester City are reported to prefer player-plus-cash or swap packages rather than meeting Chelsea’s full cash price.
  • Fernández’s agent Javier Pastore has held talks with super-agent Jorge Mendes as groundwork for negotiations, but no formal bid has been made.
  • Chelsea’s 10th-place finish and loss of European football increase pressure to generate revenue from sales while Xabi Alonso and the club retain leverage because of the long contract.