Chelsea is open to selling Enzo Fernandez if their £120m valuation is met, according to transfer insider Ben Jacobs. The club is assessing its midfield options ahead of the new season, leaving the possibility of a significant exit this summer.

After an ambitious £64m bid for Alex Scott from Bournemouth was rejected, Chelsea continues to explore alternatives in the midfield market. Despite actively seeking reinforcements, the arrival of another midfielder does not guarantee Fernandez’s departure. Stamford Bridge officials are also considering a new extended contract for the 25-year-old Argentina international, who is under contract until 2032. Xabi Alonso, the head coach, has expressed his eagerness to work with the World Cup winner.

Chelsea's financial stance remains unwavering: if a potential buyer matches their £120m asking price, Fernandez can leave this summer. His future has been the focus of ongoing speculation, with Real Madrid frequently mentioned as a possible destination. Reports indicate that Fernandez’s representatives have looked into exit routes from London, making the Santiago Bernabeu a preferred option.

While Real Madrid has denied any active negotiations, rumors persist following Fernandez’s standout performances at the recent World Cup. Atletico Madrid is also interested, reportedly willing to sell star striker Julian Alvarez to finance a move for Fernandez. Additionally, with PSG and Bayern Munich monitoring top midfield talent, Chelsea’s strict £120m threshold means that only a few elite clubs could realistically pursue a deal before the transfer deadline.